Barclays

The share price of FTSE 250 lender Metro Bank (LSE: MTRO) fell by 8% in early trade on Wednesday, making it the biggest faller in the mid-cap index. The sell-off came after the bank announced a 21% increase in first-quarter profits and deposit growth of 41%. So why have the shares sold off?

Barclays is the first major bank to launch a competitive savings account since the Government ended its cheap source of money for lenders in January. It is the first sign that competition for our money might be increasing — which should push up interest rates. Barclays' new three-year Flexible Bond pays a ...

If Barclays Bank PLC were to default on its payment obligations or become subject to the exercise of any U.K. Bail-in Power (or any other resolution ... Notwithstanding any other agreements, arrangements or understandings between Barclays Bank PLC and any holder of the Notes, by acquiring the Notes, ...

The dad-of-three added: "Maybe Barclays could explain why my account was suspended so abruptly with no explanation. "I'm angry and disappointed, I have been a Barclays customer for over 15 years, it's not good enough." Barclays have confirmed they are investigating the matter, but are currently ...

British investment bank Barclays is leasing 1.09 million square feet office space in Pune, making it the largest facility outside of its London headquarters. The leased space located in K. Raheja Corp's Gera Commerzone project in Pune, is set to become the largest commercial real estate transaction in India ...

Barclays' online and mobile banking services will be unavailable this weekend, as the bank temporarily switches off access for 24 million customers to meet regulations designed to avoid taxpayer bailouts. Throughout the night from 11.30pm on Saturday until 3.30pm the following afternoon on Easter ...

Workers at the branch, which is open three days a week, have been given a lifeline as they have been told by bank bosses they will be offered shifts at the Stamford branch. Other Barclays branches in the area include one in Market Deeping. Banking services are also available at the post office in West ...

Life may have just got more exciting for the bosses of Barclays – and not in a good way. Last week the bank revealed that Edward Bramson – a US-based investor who admits that some people would describe him as “pond scum” – had notched up a 5.2% shareholding, making him Barclays' fourth-biggest ...

It was recently announced that Barclays has been forced to start refunding customers, after an error they made in 2013 saw customers out of pocket. The British bank revealed they will be refunding some customers who went over their borrowing limit or fell behind on loan or car payments because their ...

Barclays loan and credit card customers who went over their borrowing limit or fell behind on payments could be refunded £100s - after a review found they weren't provided with adequate service. The high-street bank is in the process of writing to affected customers to offer them an average refund of £300, ...

Barclays has announced it is launching a Master's Apprenticeship in Leadership, the first UK bank to offer this level of apprenticeship. The two-year programme will allow eligible candidates to further their studies whilst continuing to earn in their current role, completely free of charge. This announcement ...

For those earning less, the maximum Loan to Income was four times annual earnings. Barclays' move comes after the Bank of England warned of 'riskier' lending. The Bank said earlier this month it was concerned that 27% of borrowers are stretching themselves to take out mortgages more than four times ...

As financial services firms increasingly turn to artificial intelligence technology to create efficiencies and get an edge over their competition there are a number of risks and fears that come with adoption of cutting edge technology. A report from the Financial Stability Board at the end of last year raised ...

In a statement on its website the bank said: "After a careful review, we found that from October 2013, we didn't always provide the service we should have to some customers who were over their borrowing limit or behind in their loan or card payments. "We're sorry and we want to make things right, so we're ...

Barclays Bank Zambia is pleased to announce the sponsorship of the Musikili Triathlon and Trail Run which was held on Saturday, 16 March 2018 at Musikili Primary School in Mazabuka. The Triathlon involved swimming, bike riding and running with an option to participate as an individual or in teams.

Barclays Bank confirmed it would be closing its Eye branch in September – the latest in a line of closures which have seen many Suffolk towns left without a branch to visit in person. The bank said changing customer habits and declining usage had led its decision but has faced criticism from residents and ...

A transatlantic corporate raider has built a minority stake in troubled bank Barclays with the goal of doubling its share price, piling more pressure on the lender's under-fire chief executive Jes Staley. New York-based Sherborne Investors, led by British-born Edward Bramson, has taken a 5pc stake in the ...

However, it is highly unusual for regulators to investigate and censure the boss of a major bank. In a statement issued jointly, the Financial Conduct Authority and the Prudential Regulation Authority said: “The FCA and the PRA have now concluded investigations into the CEO of Barclays and Barclays Bank ...

An activist investor has built up a 5% stake in Barclays in an attempt to shake up the bank's strategy and boost its share price. Barclays announced on Monday that Ed Bramson's Sherborne Investors had “acquired voting rights over 5.16% of Barclays' issued share capital”. The stakebuilding by Sherborne, ...

Barclays has reshuffled its board ahead of the creation of a separate retail and small business bank, as required by the UK's ringfencing legislation. The bank is transferring its UK retail and small business operations to a new bank, Barclays Bank UK. Barclays Bank PLC will continue to own the group's ...