Barclays Bank News

New York AG Sues Barclays Over Alleged ‘Dark Pool’ Fraud

The New York State’s attorney general has filed a securities fraud lawsuit against Barclays, accusing the British bank of giving an unfair edge in the United States to high-frequency trading clients even as it claimed to be protecting other customers …

Barclays Chairman: Financial Firms Must Change Sales Incentives

Banks must change a culture of paying staff commission on sales and put less focus on short-term profits in order to repair their battered reputations, the new chairman of British bank Barclays said on Wednesday. “It’s very important we see …

New York Top Court Rejects Claim From Bad Investment

New York’s top court has rejected a request by French investors to reinstate their lawsuit over losing $43 million out of $50 million they put into two structured investment vehicles. The investors claim Barclays Bank, Standard & Poor’s and two …