Barclays Fined £26 Million for Mistreating Borrowers

The United Kingdom’s Financial Conduct Authority (FCA) has slapped a fine of £26 million on three Barclays entities, Barclays Bank UK PLC, Barclays Bank PLC, and Clydesdale Financial Services Limited, for mis...

Barclays to Launch FX Engine in Singapore in Mid-2021

British multinational investment bank, Barclays Plc announced this Wednesday that it will start a foreign exchange (forex) pricing engine in Singapore, which is expected to be launched in the middle of 2021. ...

EU Masters Partners With Nissin, UKLC Banks On Barclays

The European Masters has added another sponsor to its list for its Spring 2020 edition. Food and instant noodles brand, Nissin has been named the main partner of the League of Legends tournament. The Japanese...

Paysafe Recruits Barclays’ Sujit Unni as CTO

Paysafe, a specialized payments platform, announced this week that it has managed to recruit Sujit Unni from Barclays, to join the company as its Chief Technology Officer (CTO). The appointment of Unni signi...

UK Banking Blockade Against Crypto Exchange Coinbase?

Spanish bank Santander has apparently put a block on UK customers trying to deposit fiat funds to cryptocurrency exchange Coinbase, while Barclays has also cut ties with the exchange. The news emerged from a...

Fears of Mass Brexit Relocation Falling Short of Reality

Ever since the Brexit referendum last year, analysts and leading individuals in the banking sector have portended a mass exodus of personnel out of the UK. While initial estimates cited numbers in the tens of...