Showing 1 to 12 of 21 results
UK's 'Big Four' Banks Report Record Profits Amidst Fintech Competition
The UK's 'Big Four' banks—Barclays, HSBC, Lloyds, and NatWest—reported record profits exceeding £45 billion in 2024, driven by high interest rates and cost-cutting, despite initial predictions of disruption from newer banking rivals.
UK's 'Big Four' Banks Report Record Profits Amidst Fintech Competition
The UK's 'Big Four' banks—Barclays, HSBC, Lloyds, and NatWest—reported record profits exceeding £45 billion in 2024, driven by high interest rates and cost-cutting, despite initial predictions of disruption from newer banking rivals.
Progress
40% Bias Score
Barclays Fined £42 Million for Money Laundering Failures
Barclays was fined £42 million by the UK's Financial Conduct Authority for failing to adequately manage money laundering risks related to its dealings with Stunt & Co and WealthTek, both subject to criminal investigations, despite warnings from law enforcement.
Barclays Fined £42 Million for Money Laundering Failures
Barclays was fined £42 million by the UK's Financial Conduct Authority for failing to adequately manage money laundering risks related to its dealings with Stunt & Co and WealthTek, both subject to criminal investigations, despite warnings from law enforcement.
Progress
52% Bias Score
Barclays Defends UK Bank Ring-fencing Amidst Calls for Abolition
Barclays CEO defends Britain's bank ring-fencing regime against calls for its abolishment from rivals HSBC, Lloyds, NatWest, and Santander UK, highlighting depositor protection as outweighing administrative costs, while the rivals argue it hinders economic growth and undermines UK competitiveness.
Barclays Defends UK Bank Ring-fencing Amidst Calls for Abolition
Barclays CEO defends Britain's bank ring-fencing regime against calls for its abolishment from rivals HSBC, Lloyds, NatWest, and Santander UK, highlighting depositor protection as outweighing administrative costs, while the rivals argue it hinders economic growth and undermines UK competitiveness.
Progress
36% Bias Score
Staley Faces Lifetime Ban for Alleged Lies About Epstein Ties
Former Barclays CEO Jes Staley faces a lifetime ban from the UK financial sector for allegedly lying to the FCA about the extent of his relationship with Jeffrey Epstein, despite evidence suggesting close ties including emails between Staley's daughter and Epstein until at least 2017.
Staley Faces Lifetime Ban for Alleged Lies About Epstein Ties
Former Barclays CEO Jes Staley faces a lifetime ban from the UK financial sector for allegedly lying to the FCA about the extent of his relationship with Jeffrey Epstein, despite evidence suggesting close ties including emails between Staley's daughter and Epstein until at least 2017.
Progress
48% Bias Score
Staley Admits Sexual Encounter with Epstein Employee Amidst FCA Legal Battle
Former Barclays CEO Jes Staley admitted to a sexual encounter with a staff member of convicted sex offender Jeffrey Epstein at Epstein's Upper East Side apartment, adding to his ongoing legal battle against the FCA for allegedly misleading them about his relationship with Epstein; the FCA alleges St...
Staley Admits Sexual Encounter with Epstein Employee Amidst FCA Legal Battle
Former Barclays CEO Jes Staley admitted to a sexual encounter with a staff member of convicted sex offender Jeffrey Epstein at Epstein's Upper East Side apartment, adding to his ongoing legal battle against the FCA for allegedly misleading them about his relationship with Epstein; the FCA alleges St...
Progress
56% Bias Score
FCA Failed to Investigate Staley-Epstein Ties Initially, Later Bans Staley
Following assurances from Barclays Chair Nigel Higgins in August 2019 that Jes Staley had "no particular relationship" with Jeffrey Epstein, the FCA did not immediately investigate, but later banned Staley in 2023 after discovering a close personal and professional relationship between Staley and Ep...
FCA Failed to Investigate Staley-Epstein Ties Initially, Later Bans Staley
Following assurances from Barclays Chair Nigel Higgins in August 2019 that Jes Staley had "no particular relationship" with Jeffrey Epstein, the FCA did not immediately investigate, but later banned Staley in 2023 after discovering a close personal and professional relationship between Staley and Ep...
Progress
44% Bias Score
Barclays Withdraws from UN Net-Zero Banking Alliance
Barclays became the second UK bank to leave the UN's Net-Zero Banking Alliance (NZBA) on Friday, following HSBC's July exit and a previous wave of US bank withdrawals, citing the departure of most global banks as rendering the group ineffective. This follows pressure from climate-skeptic administrat...
Barclays Withdraws from UN Net-Zero Banking Alliance
Barclays became the second UK bank to leave the UN's Net-Zero Banking Alliance (NZBA) on Friday, following HSBC's July exit and a previous wave of US bank withdrawals, citing the departure of most global banks as rendering the group ineffective. This follows pressure from climate-skeptic administrat...
Progress
40% Bias Score
Mortgage Rates Plunge to Lowest Point Since September 2022
Barclays and Santander cut mortgage rates, causing the average two-year fixed rate to fall to its lowest since September 2022, benefiting borrowers and those remortgaging, although rising swap rates may slow the decline.
Mortgage Rates Plunge to Lowest Point Since September 2022
Barclays and Santander cut mortgage rates, causing the average two-year fixed rate to fall to its lowest since September 2022, benefiting borrowers and those remortgaging, although rising swap rates may slow the decline.
Progress
36% Bias Score
Barclays Cuts Mortgage Rates Below 4 Percent
Barclays is cutting its mortgage rates to below 4 percent, offering two-year and five-year fixes with varying fees and deposit requirements, following Coventry Building Society's similar move and influenced by recent changes in interbank lending rates and trade policy.
Barclays Cuts Mortgage Rates Below 4 Percent
Barclays is cutting its mortgage rates to below 4 percent, offering two-year and five-year fixes with varying fees and deposit requirements, following Coventry Building Society's similar move and influenced by recent changes in interbank lending rates and trade policy.
Progress
44% Bias Score
German Consumers Paid €73.2 Billion Due to Price Fluctuations in 2024
Fluctuating prices of essential goods cost German consumers €73.2 billion in 2024 (€1,754 per household), less than in 2022 and 2023 but above the 2015-2021 average, according to Barclays analysis using German Federal Statistical Office data on 700 products.
German Consumers Paid €73.2 Billion Due to Price Fluctuations in 2024
Fluctuating prices of essential goods cost German consumers €73.2 billion in 2024 (€1,754 per household), less than in 2022 and 2023 but above the 2015-2021 average, according to Barclays analysis using German Federal Statistical Office data on 700 products.
Progress
32% Bias Score
Barclays Faces £12.5 Million Compensation Claim After Widespread IT Outage
Barclays faces a £12.5 million compensation claim following a three-day IT outage in January/February 2024 that disrupted millions of customers' access to online and mobile banking services, prompting a Treasury Committee investigation into widespread banking IT failures affecting nine major UK bank...
Barclays Faces £12.5 Million Compensation Claim After Widespread IT Outage
Barclays faces a £12.5 million compensation claim following a three-day IT outage in January/February 2024 that disrupted millions of customers' access to online and mobile banking services, prompting a Treasury Committee investigation into widespread banking IT failures affecting nine major UK bank...
Progress
40% Bias Score
Staley Challenges UK Financial Ban Over Epstein Links
Former Barclays CEO Jes Staley is legally challenging a UK financial industry ban and \$1.8 million fine from the Financial Conduct Authority (FCA) for misleading statements about his relationship with Jeffrey Epstein, which the FCA says included contact through Staley's daughter until at least Febr...
Staley Challenges UK Financial Ban Over Epstein Links
Former Barclays CEO Jes Staley is legally challenging a UK financial industry ban and \$1.8 million fine from the Financial Conduct Authority (FCA) for misleading statements about his relationship with Jeffrey Epstein, which the FCA says included contact through Staley's daughter until at least Febr...
Progress
48% Bias Score
Showing 1 to 12 of 21 results