Investment bankers don't approve of casual Fridays

Oct 2, 2013
Barclays gets super-casual Fridays -- sneakers and jeans allowed -- but old-time bankers aren't impressed.
Posted In: Wall Street, investment banks, Bankers, Barclays

The temp agency for CFOs

Aug 14, 2013
What does a company do when it's suddenly left without a CFO?
Posted In: executives, temp work, Barclays

Barclays shuts down cash transfer businesses to prevent money laundering

Jul 10, 2013
Some fear the closures could hurt immigrants -- Somali expatriates in particular -- who rely on the transfer services to send funds back home.
Posted In: Barclays, Africa, money laundering

LIBOR scandal leads to calls for change

Sep 27, 2012
Reform is on the way after fraudulent manipulation of the London Interbank Offered Rate, or LIBOR, the rate used by many banks in lending to each other.
Posted In: LIBOR, banking, Barclays

How bank-rate rigging hits the real world

Aug 6, 2012
The LIBOR rigging scandal extends beyond Wall Street. Local governments allege fake rates made budget shortfalls worse and hit public services.
Posted In: LIBOR, Banks, Barclays

LIBOR scandal spreads to U.S. cities

Jul 11, 2012
Ripples from the LIBOR scandal have spread to U.S. cities. Some are suing to recoup overpayment due to alleged interest rate manipulation.
Posted In: Barclays, LIBOR

After LIBOR scandal, London fears losing financial crown

Jul 6, 2012
While Wall Street had been bogged down by regulations and scandal, London took the crown for leading global financial center. Now, with the Barclays and LIBOR-rigging investigation, the British city could find itself being regulated as well.
Posted In: LIBOR, Barclays, London

British Parliament investigating London's financial center

Jul 6, 2012
The British Parliament has started investigating the ethics of London's financial center. This follows that big scandal involving the British bank Barclays, which was fined a half billion dollars for rigging a key interest rate called LIBOR.
Posted In: banking, London, Barclays

Ex-Barclays CEO Bob Diamond testifies about LIBOR

Jul 4, 2012
Diamond testified before a committee of the British parliament today about charges Barclays manipulated a key interest rate called the LIBOR. The bank's already been fined over $450 million, but it could be just the beginning of the fallout.
Posted In: Barclays, LIBOR, Bob Diamond

Former Barclays CEO answers questions on LIBOR rate fixing

Jul 4, 2012
Yesterday Bob Diamond resigned as CEO of Barclays Bank, and this hour he's sitting before a Parliamentary committee in London. Parliament is investigating the possible manipulation of interest rates by Barclays and other banks.
Posted In: banking, Barclays, Bob Diamond, Parliament