Latest Posts Under: Banks
Au revoir? No, Barclays' African farewell sets seal on UK banks' global ambitions
Now it wants to be a transatlantic bank. That does not make it a small institution, but it is a long way from global domination. Every other big bank in the UK has done the same to some extent. But as the last to commit to this retreat, Barclays
Barclays Africa assets eyed by Bob Diamond, the bank's former chief executiveInternational Business Times UK

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Financial Times
UK banks' profits hit by soaring litigation costs
Financial Times
Misconduct fines, compensation and related legal costs will constrain the biggest UK banks' profitability for at least another two years, according to fresh research that underscores the effect of a series of scandals that have tarnished the reputation
Moody's: Litigation charges continue to constrain large UK banks' profits as they increase 40% in (press release) (subscription)

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