Barclays

Tax & Regulation | 23 May 14

Barclays Bank’s reputation has taken another heavy blow this morning after the Financial Conduct Authority handed it a £26m fine for failing to manage conflicts of interest in relation to gold trading.

Middle East | 8 Apr 14

Barclays has sold its United Arab Emirates arm to Abu Dhabi Islamic Bank (ADIB), forcing 110,000 of its clients to choose whether to switch to Islamic-compliant products.

Europe | 12 Feb 14

Lawrence Podesta and Derek Sene have been named to head up the proposed Gibraltar International Bank as chief executive officer and chief operating officer, respectively, as the fledgling institution moves in the direction of becoming a reality.

Alternatives | 18 Dec 13

The Gibraltar Government has approved plans for a new “credit institution” that is seen as filling a need in the marketplace that was made more urgent by Barclays’ recent announcement of plans to reduce its Gibraltar presence.

Africa | 9 Dec 13

Bob Diamond, the London-based American chief executive of Barclays who resigned last year in the wake of the Libor rate-fixing scandal, is to return to the industry with a listed “acquisition vehicle” that will target African institutions.