A Barclays document sent to shareholders has laid bare the full extent of the bank’s legal woes, ranging from continuing court tussles over rigging interest rates to allegations of ripping off its own clients. . .
http://www.theguardian.com/business/2014/aug/14/barclays-investor-prospectus-legal-battles
Barclays Plc (BARC) is poised to be hit with its second fine by British regulators over failures to segregate client assets properly, a setback to Antony Jenkins’s efforts to put the lender’s legal woes behind him, two people with knowledge of the matter said.
Barclays’ six-monthly pre-tax profits have fallen after investment bank revenue fell. . .
Aug 12 (Reuters) – German prosecutors are seeking charges against Deutsche Bank co-CEO Juergen Fitschen and several former executives at the bank in connection with the long-running Kirch bankruptcy case, legal sources said on Tuesday. . .
http://www.reuters.com/article/2014/08/12/deutsche-bank-fitschen-idUSL6N0QI10A20140812
Firms in London’s main financial district, known as the City, awarded new hires with an average pay increase of 20 percent in July as companies added employees in product control and information technology, a survey showed. . .
http://www.bloomberg.com/news/2014-08-10/london-banks-award-new-hires-20-more-pay-in-july.html