Recent events
Recent events tied to this brand in public sources.
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2026
Barclays announces early car-finance compensation offers
Barclays confirmed it would make early compensation offers to some car-finance claimants before the legal challenges to the FCA's proposed scheme conclude. The offers relate to loans that were mis-sold; the source says claimants would start to be contacted in the coming weeks.
2026
Barclays trims workforce for AI efficiency
Fast Company reports that Barclays is trimming its workforce for AI efficiency.
2026
Barclays announces plans to cut 5,000 jobs
Barclays plans to cut 5,000 jobs, roughly 5% of its workforce. The reductions are linked to organizational simplification and AI-driven technology changes intended to lower costs and create capacity for investment; around 1,000 roles have already been cut, with the rest due by the end of 2026.
2026
Court of Appeal quashes rate-rigging convictions of five former Barclays traders
The Court of Appeal on Wednesday quashed the convictions of five former Barclays traders — Jay Merchant, Jonathan Mathew, Philippe Moryoussef, Alex Pabon and Colin Bermingham — who had been jailed following trials for manipulating the interest rates used for loans between banks. The ruling followed a long-running legal battle and came after two other former City traders had their convictions overturned the previous year.
2026
Barclays staff and Unite union demand concessions over office attendance policy
Barclays is facing a growing backlash after telling staff expected to work in the office two days a week to be on-site at least three days a week from next month. The Unite union, which represents about 36,000 Barclays staff, is calling for the bank to reverse the decision, seeking exemptions and a one-off payment to offset increased travel and childcare costs.
2026
UK high street lenders repeatedly raise fixed mortgage rates during September 2026
According to Moneyfacts, the biggest UK high street lenders made repeated fixed-rate mortgage increases during September 2026: Barclays increased selected fixed rates on four occasions, while HSBC, Lloyds Bank, Nationwide, NatWest, Santander and TSB each made three rounds of increases. The moves pushed the average rate on a new five-year fixed deal to 6%, its highest since September 2023, and the average two-year fixed rate to 5.98%.
2026
Ant International launches upgraded Falcon Time-Series Transformer Model 2.0 adopted by global banks
Ant International, a unit of Ant Group, launched an upgraded AI model, the Falcon Time-Series Transformer Model 2.0, designed for financial scenarios. The company said it has partnered with six major banks including Citi, HSBC, Deutsche Bank, Standard Chartered and Barclays, and that precise forecasting can cut FX hedging and allocation costs by more than 60%.
2022
DailyPay secures $300 million credit facility
DailyPay announced that it secured a $300 million revolving credit facility from Barclays to provide capital to service its growing roster of partners.
2022
FCA fines Barclays over Premier FX oversight failures
The U.K. Financial Conduct Authority announced that it fined Barclays Bank £783,800 for oversight failures in its relationship with collapsed money remittance firm Premier FX.
2022
Barclays reports higher fourth-quarter pretax profit
Barclays reported fourth-quarter pretax profit of GBP1.47 billion, up from GBP646 million a year earlier and above the cited GBP1.17 billion consensus estimate.
2021
Barclays faces investor backlash over former CEO's pay
Barclays faced investor backlash over the £2.5 million in pay still being paid to former CEO Jes Staley after his resignation; investors raised concerns about his exit and demanded answers from the bank.
2021
Barclays funds Delaware State University institute partnership
Barclays announced a $1 million donation to Delaware State University's Global Institute for Equity, Inclusion and Civil Rights. The exclusive partnership will also provide access to a guest lecture series with senior bank leadership and establish economic empowerment programming.
2021
Barclays CEO Jes Staley steps down and successor takes over
Barclays announced that CEO Jes Staley would step down following preliminary results of a regulatory probe into his characterization of his relationship with Jeffrey Epstein. The bank said C.S. Venkatakrishnan would become chief executive effective immediately; Staley planned to contest the findings.
2021
UK regulators release preliminary conclusions in Barclays CEO probe
The Financial Conduct Authority and Prudential Regulation Authority released preliminary conclusions in their investigation into Jes Staley’s description to Barclays of his relationship with Jeffrey Epstein and the bank’s subsequent description of that relationship to the FCA. The article reports that the investigation found no proof Staley saw or knew of Epstein’s alleged crimes.
2021
Jes Staley steps down from Barclays leadership roles
Barclays CEO Jes Staley stepped down as Group Chief Executive and as a director after British regulators announced preliminary conclusions of a probe into his characterization of his relationship with Jeffrey Epstein. Staley said he intended to contest the conclusions.
2021
Barclays CEO Jes Staley stepped down
Barclays CEO Jes Staley quit following an investigation into his role as private banker to Jeffrey Epstein. The article says an early draft of the report suggested he had played down his role in Epstein's affairs; report details had not been published.
2021
Barclays reports improved nine-month earnings
Barclays reported profit before tax of £6.94 billion for the nine-month period, compared with £2.419 billion in the same period a year earlier.
2021
Barclays announces purchase of Synchrony credit card portfolio
Barclays' American unit disclosed that it would purchase a credit card portfolio from Synchrony Bank; the agreement was expected to be completed in the second quarter of 2022.
2021
Barclays announces Ingrid Hengster’s appointment to Germany CEO and global investment banking chairman roles
Barclays announced Ingrid Hengster’s appointment as Country CEO for Germany, subject to regulatory approval, and as a Global Chairman of Investment Banking. Her Barclays start date was to be agreed with her current employer.
2021
Joules establishes sustainability-linked financing facility
Joules announced a new sustainability-linked financing facility with Barclays, comprising a £25 million revolving credit facility and a £9 million term loan valid until September 2024. The facility’s margin is linked to three sustainability performance targets.