Barclays

British multinational banking and financial services company

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March 2025 Barclays informed the Treasury Select Committee that it might have to pay up to £12.5 million in compensation for technical outages over the last two years, including £5–7.5 million for the January incident.
February 2025 Barclays experienced a significant IT glitch that disrupted online and mobile banking services for several days, coinciding with payday and the self-assessment tax return deadline.
February 2025 Barclays set aside £90 million to address potential compensation claims related to a car finance mis-selling scandal following a Court of Appeal ruling.
January 2025 Apple held talks with Barclays and Synchrony Financial about potentially replacing Goldman Sachs as Apple's credit card partner.
2024 Barclays was removed as a sponsor from The Great Escape Festival and all 2024 Live Nation UK festivals following a boycott campaign critical of its financial services to companies supplying weapons to Israel in the Israel-Gaza War.
July 2024 Barclays announced selling its German consumer finance business to Austrian bank BAWAG Group AG, following the sale of its performing Italian mortgage portfolio in April.
February 2024 Barclays announced the acquisition of Tesco Bank's credit cards, loans, and savings operations, with the transfer effective from 1 November 2024.
July 2023 Arron Banks claimed Barclays closed his bank accounts in 2018 due to his political views, including support for Brexit.
March 1 2023 Barclays acquired Kensington Mortgages, a specialist mortgage lender based in Maidenhead with approximately 600 employees.
May 2022 Barclays increased its stake in Barrenjoey Capital Partners from 9.9 percent to 18.2 percent.
November 2021 C. S. Venkatakrishnan appointed as Chief Executive of Barclays.
October 31 2021 Group CEO Jes Staley agreed to step down amid investigation of his ties to Jeffrey Epstein. C. S. Venkatakrishnan became the first person of Indian origin to lead Barclays.
August 2021 Barclays announced a $400 million capital infusion into its Indian business, marking the largest single capital investment in the region in three decades.
2020 ShareAction filed a resolution at Barclays' Annual General Meeting (AGM) challenging the bank's significant investments in fossil fuel companies, totaling $85 billion in extraction and $24 billion in expansion.
2020 Barclays sold Third Energy to Alpha Energy, divesting from its fracking-related assets.
September 2020 Barclays invested in Barrenjoey Capital Partners, an Australian investment bank startup.
June 8 2020 British businesswoman Amanda Staveley's firm PCP Capital sues Barclays in a £1.5 billion lawsuit, alleging market deception, but subsequently loses the case in the High Court.
February 2020 Barclays implemented a pilot programme at its London headquarters using tracking software to monitor employee desk time, generating daily report cards that tracked time spent away from workstations and potentially raising disciplinary flags for excessive breaks.
February 2020 John Varley and colleagues are cleared of fraud charges.
May 2019 Nigel Higgins appointed as chairman of Barclays.
February 2018 Serious Fraud Office charges Barclays with 'unlawful financial assistance' related to Qatar deal.
2017 Barclays used OccupEye sensors to track staff movements through black boxes installed in their desks, raising significant privacy concerns about employee monitoring.
2017 Barclays faced environmental protests due to its ownership of Third Energy Onshore, which planned to conduct hydraulic fracturing (fracking) at Kirby Misperton in Yorkshire.
September 2017 Barclays completed the sale of its last retail banking segment in continental Europe by selling French retail, wealth and investment management operations to AnaCap.
June 2017 Former CEO John Varley and three colleagues are charged with conspiracy to commit fraud related to capital raising during the 2007-2008 financial crisis.
May 2017 Barclays announced plans to sell £1.5 billion worth of shares in Barclays Africa Group, part of its strategy to refocus business from Africa to the UK and US.
April 2017 Barclays borrowed £6 billion from the Bank of England between April and June as part of the Brexit economic support measures.
August 2016 Bank of England launched a post-referendum stimulus package in response to Brexit to support financial institutions.
July 2016 Four Barclays employees were jailed for up to six-and-a-half years for Libor rate manipulation, with two others cleared after a retrial.
January 31 2016 Barclays settled with the New York Attorney General's office and the SEC, agreeing to pay $70 million (split evenly between the two entities), admitting to securities law violations, and agreeing to install an independent monitor for its dark pool trading system.
June 2015 Barclays announced the sale of its US wealth and investment management business to Stifel for an undisclosed fee.
June 2015 The period of inappropriate mutual fund transactions concluded, with Barclays being required to pay $10 million in customer restitution and a $3.75 million fine by financial regulators.
2014 Barclays sold its Retail Banking unit in Spain to CaixaBank, transferring approximately 550,000 retail and private banking clients and 2,400 employees.
September 2014 Barclays was ordered to pay $15 million in settlement charges for failing to maintain an adequate internal compliance system following its 2008 Lehman Brothers acquisition.
July 2014 Barclays filed a motion to dismiss the lawsuit, claiming no fraud, no victims, and no harm had occurred.
June 2014 The US state of New York filed a lawsuit against Barclays, alleging fraud in its dark pool trading system by deceiving investors and hiding Tradebot's significant participation. The bank's shares dropped 5% following the lawsuit announcement.
May 2014 The Financial Conduct Authority fined Barclays £26 million for systems and controls failures, and conflicts of interest related to gold fixing during the 2004-2013 period.
March 2014 Barclays started processing 1,723 fund transactions that were inconsistent with customers' investment goals and risk tolerance, causing $818,000 in customer harm.
February 17 2014 The Serious Fraud Office charged three former Barclays bank employees with manipulating Libor rates between June 2005 and August 2007.
July 2013 The US Federal Energy Regulatory Commission (FERC) ordered Barclays to pay a £299 million fine for attempting to manipulate the electricity market in the United States.
February 20 2013 The High Court approved the transfer of ING Direct UK business to Barclays, with the business to be renamed Barclays Direct and integrated into Barclays' existing business within two years.
January 2013 Financial Services Authority expands investigation into Barclays-Qatar deal, focusing on securities ownership disclosure.
November 2012 Qatar Holding sells warrants worth around £750 million in Barclays.
October 2012 Barclays announced its agreement to purchase the ING Direct UK business from the ING Group, marking a significant expansion of its banking operations.
October 2012 US Department of Justice and Securities and Exchange Commission begin investigation into Barclays' compliance with the Foreign Corrupt Practices Act.
August 2012 The Serious Fraud Office announces an investigation into the Middle East capital raising.
August 30 2012 Antony Jenkins became the new group chief executive, taking over after the leadership changes caused by the Libor scandal.
July 2012 Barclays reveals that the FSA is investigating the bank's disclosure of fees paid to Qatar Investment Authority.
July 3 2012 Bob Diamond resigned with immediate effect as chief executive, followed shortly by the resignation of chief operating officer Jerry del Missier.

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