Barclays

The German bank is trying to reverse its reputation for “lousy systems;” the Bakkt platform has failed to attract much trading in its first two weeks.

Jes Staley is turning away from his ambition to build a Barclays Plc-branded digital consumer bank in the U.S.

Under the leadership of Barbara Mariniello, Barclays now ranks among the largest underwriters for corporate bonds in the Americas.

TouchBistro, an iPad-based restaurant order-and-payment system, has reaped $120 million in a new funding round led by Canadian pension fund Omers, with JPMorgan Chase, Barclays, BMO Capital Partners also participating.

Mission Lane, which was spun off from LendUp in December, said Monday that Shane Holdaway took the helm in August after roughly a year serving as CEO of Barclays' U.S. consumer bank. The upstart lender also announced that it has raised $200 million in equity funding.

Following an article by American Banker and ProPublica that detailed how political appointees weakened the penalties paid by two large banks, the Massachusetts senator is demanding more information from the Justice Department.

Barclays has jumped on a huge range of technology that brings payments closer to myriad activities, but as competition looms, the bank is working to better organize its projects.

Apple Inc. and Barclays Plc have dropped the rewards program from their longtime credit-card partnership in advance of the debut this month of a new Apple Card with Goldman Sachs Group Inc.

After talks with well-connected lawyers for Barclays and the Royal Bank of Scotland, senior Justice Department officials in Washington last year overruled career prosecutors who had been investigating wrongdoing that cost investors billions.

The FBI is looking into whether Italy’s largest bank was also hacked; about 4.5 million people have already inquired about getting a cash settlement with the credit bureau.

Barclays will stop providing future financing to companies that manage private prisons and immigration holding facilities, joining other major lenders in shunning the industry.

It’s the latest development in a foreign-exchange-related case that has triggered regulatory probes around the world, and it's one of the first cases to be brought under 2015 U.K. legislation that paves the way for U.S.-style class actions.

Digital Asset Holdings eyes blockchain for 'smart contracts'; readying for a marathon is like competing for a big client.

The two U.S. banks and Barclays have agreed to pay $91 million to settle claims that traders colluded to manipulate rates over a six-year span.

The former Barclays CEO turned bank investor said he sees more opportunity in smaller, newer banks.

Paysafe has recruited TSYS exec Philip McHugh as its new CEO, a few days after news broke of the TSYS-Global Payments merger.

The company offers an operating system for financial applications akin to Apple's iOS, and more than 1,000 applications run on it.

Royal Bank of Scotland and JPMorgan Chase were also among the five banks that agreed to pay fines for colluding on foreign-exchange trading strategies.

More U.S. consumers are defaulting on their credit cards, but banks may be holding onto the riskiest loans instead of passing them off to investors, according to a report from Barclays.

The board has promised to hire an outsider, but senior executives are lobbying for acting CEO C. Allen Parker to lead the company.