Reuters LONDON — Privacy hearings surrounding a former senior Barclays investment banker’s unfair dismissal claim have been adjourned until May next year, the FT reported. Barclays dismissed Richard Boath, who was global co-head of finance, earlier this year after reading transcripts of his interview with the Serious Fraud Office, Boath’s lawyers alleged in an employment tribunal last […]

Reuters A former senior Barclays investment banker claimed the lender fired him as a “direct response” to what he told fraud investigators about the bank, his lawyer said. Barclays dismissed Richard Boath, who was global co-head of finance, earlier this year after reading transcripts of his interview with the Serious Fraud Office, Boath’s lawyers alleged in […]

AP Photo/Mark Lennihan Former Barclays CEO Antony Jenkins. Former Barclays CEO Antony Jenkins has launched a new startup that aims to modernise the back office technology used by banks. 10x Future Technologies is working on a cloud-based core banking system — the technology that allows banks to hold deposits and accounts. Essentially, it’s the heart […]

REUTERS/Luke MacGregor A man repairs a cash machine outside a bank in London, November 25, 2009. The former chief operating officer of Barclays’ wealth management arm is fighting a lifetime ban from financial services, after the City watchdog accused him of hiding a critical review of the culture at his department.  The Financial Conduct Authority said […]

Reuters Former Barclays trader Jay Merchant. Four former Barclays bankers were sentenced to between 33 months and six-and-a-half years in jail by a London judge on Thursday for conspiring to fraudulently rig global benchmark interest rates. Calcutta-born Jay Merchant, 45, the most senior of the men to face a jury the case, was sentenced to […]

REUTERS/Yannis Behrakis A local strolls at an empty beach past a statue of Diogenes the Cynic in the Greek coastal town of Corinth March 4, 2015. Banks are very interested in the blockchain at the moment, the technology that underpins digital currency bitcoin. The technology has the potential to make money transfers faster and cheaper, […]