Barclays Bank - News, Articles & Research

Barclays reports large spike in investment scams

Barclays Bank is calling for social media platforms to act fast to improve verification of financial adverts after reporting a large spike in investment scams.

17 April 2024

News/retail

CFIT advances open finance pilots for consumers and SMEs

The UK Centre for Finance, Innovation and Technology (CFIT) is to build two working prototypes of open finance applications for providing financial advice to vulnerable consumers and to speed up credit assessments for SME loan applications.

17 April 2024

News/wholesale

Barclays invests in Funding Xchange

Barclays has led a Series B financing round for Funding Xchange (FXE), a provider of white-label software for lenders to SMEs. The size of the round was not disclosed.

11 April 2024

News/payments

Older shoppers boost growth in contactless payments

New Consumer Spend data from Barclays’ annual contactless trends report has revealed that 2023 was another record-breaking year for ‘touch and pay’, with the fastest growth coming among the over 65s.

27 February 2024

News/retail

Barclays to close more branches

Barclays has earmarked another 22 branches for closure as it continues to trim its network in response to falling visits.

22 February 2024

News/retail

Tesco Bank sells credit cards, loans and savings operations to Barclays

The £600 million deal has an "initial" agreement lasting 10 years.

09 February 2024

News/retail

Wise accuses high street banks of hidden exchange rate fees

For GBP to EUR, Wise reports that HSBC has the highest fee for exchange rates (3.7%), followed by Lloyds at 3.6%, Barclays at 2.75%, and NatWest, TSB and Santander all at 2.5%.

19 January 2024

Company announcement/sustainable

Barclays launches climate tech hub in Cambridge

Barclays has relaunched its Cambridge Eagle Lab with a renewed focus on helping high growth climate tech startups to connect, grow and scale. The site has undergone a significant retrofit, with the goal of reducing its carbon emissions by 90 per cent compared to 2018.

18 January 2024

Company announcement/retail

Barclays launches Eagle Labs Academy for budding tech entrepreneurs

Barclays Eagle Labs have launched an online skills platform for budding entrepreneurs looking to become the leaders of the next tech giants.

17 January 2024

Company announcement/sustainable

Barclays establishes new Energy Transition Group to support clients on the path to net zero

Barclays today announces that it is establishing a new Energy Transition Group, within its Corporate and Investment Bank.

17 January 2024

News/retail

Barclays opens new year with plans for more branch closures

Barclays has become the first high street bank to reveal more branch closures this year, with 20 new sites earmarked to shut.

17 January 2024

News/people

PayPal names Barclays vet Bladon UK CEO

PayPal has hired Barclays managing director of customer and digital, Simon Bladon, as its UK CEO.

10 January 2024

News/retail

Barclays set to shut more branches

Barclays is the latest UK bank to set out plans to trim its branch network in 2024, earmarking another 18 sites for closure.

05 December 2023

News/retail

Barclays to cut 900 UK jobs - union

Barclays is preparing to cut 900 jobs in the UK, according to union Unite, which has branded the decision "disgraceful".

28 November 2023

News/wealth

Barclays invests in WealthOS

Barclays has led a £2 million seed funding round for WealthOS, a cloud-native and API-driven core wealthtech startup.

22 November 2023

News/wholesale

Barclays launches online directory to connect businesses with investors

Barclays has launched a free online service that helps UK businesses connect to a network of investors.

01 November 2023

Company announcement/startups

HedgeFlows joins Barclays Rise Growth Academy

HedgeFlows, the fintech solution that offers a smart financial toolkit for small and medium-sized businesses, has been selected for Barclays’ prestigious 2023 Rise Growth Academy.

26 October 2023

News/retail

Barclays mobile banking goes down

Barclays' mobile and online banking services went down for around two hours on Tuesday.

17 October 2023

Company announcement/people

FCA fines and bans former Barclays CEO James Staley

The FCA decides to fine and ban James Staley

12 October 2023

News/retail

Barclays warns students about money mule risks

As the academic year gets underway, Barclays is warning of a sharp rise in the number of cash-strapped students being targeted by criminals to act as money mules.

03 October 2023