Barclays will be notified within two weeks on whether it faces a second set of criminal fraud charges over its emergency 2008 cash call with Qatari investors, according to the FT. Barclays’ chairman, John McFarlane, has said that Euro clearing should be kept in London...
Banks including Barclays, Royal Bank of Scotland Group, Lloyds Banking Group and Tesco Bank have all stopped buying and selling Qatari riyals. The foreign exchange service provided by many banks is supplied by a third party, which stopped providing the currency after...
Barclays is preparing to face US prosecutors over a possible multi-billion-pound fine for its role in the sub-prime mortgage collapse. The bank is expected to argue that it is not liable for alleged wrongdoing in the US. Co-operative Bank is close to negotiating a...
4thWay has warned that ‘easy access’ accounts offered by peer-to-peer loan platforms do not guarantee to return money quickly. The research company believes it could be less risky for investors to tie their money up for longer in a fixed-term deal offering higher...
Starling Bank is to launch a service that will allow companies to gain instant access to Britain’s payments systems so they can offer their customers real-time payments online or through mobile phones Square has started to take orders for its first debit card, a...
