Finance Avenue

Barclays Bank is known to be a global bank with a widespread network in 50 countries. Barclays boasts of serving and looking after more than 48 million customers worldwide. With grim economic scene, Barclays too has registered a drop in its profits by 14% and is likely to be much more alert and attentive to [...]

In this time recession where job cuts seems to be the need of the hour and employees all around the world are having troubled times, the staff of Lloyds Banking Group can breathe a sigh of relief because the Lloyds Banking Group plans to pay its staff 120 million pounds in bonuses. This news [...]

A rather dramatic event which was televised recently was the confrontation at the common by the Treasury Select Committee chairman John McFall demanding an explanation from the bosses of the banks, which were responsible for adversely affecting the economy and causing Britain’s financial crisis.
These are the some of the comments by the former bank executives [...]

Chancellor Alistair Darling called for a review of the latest practice adopted by the bank of a reported 1bn pound bonuses package planned by the banking institutions. He sternly warned the bank bosses that they should not exercise such risk taking ploys and they should understand their responsibility towards the general public.
The inquiry took place [...]

A tryst with middle Arab countries investors can cost Barclays a lot more than just addition in the number of new shareholders. Barclays , is that global bank which was considered as a giant in banking and was also trusted in other sectors like retail and commercial banking, and a lot other financial services to [...]