ARTICLES RELATING TO
BARCLAYS
Britain's biggest banks have received a boost when the consumer watchdog decided not to refer the market for personal current accounts be be probed.
Lloyds Banking Group is cutting another 850 jobs to reduce costs, bringing the total number of jobs axed by the British bank to around 35 000 since 2008.
The first UK court case linked to a complaint against Absa's parent firm Barclays over the alleged rigging of Libor interest rates has been delayed until 2014.
Barclays first-quarter profit fell a quarter from a year ago, as a hefty bill for a restructuring plan offset a solid performance by its investment bank.
Barclays has named two new non-executive directors as new bosses attempt to put a series of scandals behind the British bank.
Absa says the finance ministry's approval of the majority of Barclays Africa’s operations being combined with Absa is a milestone in its Africa strategy.
Restructuring at Absa, to acquire the bulk of the African operations of its parent company Barclays, has been approved by Finance Minister Pravin Gordhan.
Absa says the transaction in which it would acquire Barclays' African assets remains subject to various conditions precedent‚ including regulatory approvals.
Britain's Barclays and RBS have paid more than 500 staff over £1m in 2012, a year when both were embroiled in rate rigging and mis-selling scandals.
Former chief executive Bob Diamond is set to be paid about $3m in July, a year after he left the bank following its Libor interest rate rigging scandal.
Minority shareholders of Absa have overwhelmingly backed a plan to buy the African operations of parent Barclays for $2.1bn in new shares.
The Public Investment Corporation will vote in favour of Absa's plan to buy the African operations of its British parent Barclays, a report says.
Troubled British bank Barclays is set to slash annual costs by £2bn and cut 2 000 investment bank jobs, according to media reports.
British bank Barclays is to close a profitable but controversial tax advisory business, as part of an attempt by its new CEO to clean up the bank's image.
The chief executive of scandal-hit Barclays bank says he's giving up his 2012 bonus amid a string of high-profile scandals over mis-selling products and market-fixing.
