Fine adds to the $485m the bank agreed to pay New York’s Department of Financial Services in May as part of a wider £1.5bn settlement with UK and US authorities
The lower returns and higher costs put the spotlight firmly on incoming chief executive Jes Staley, who has been brought across from Wall Street to speed up the rate of change at the bank
British bank to pay JP Morgan veteran as much as £10.2m in his first year at helm
The former head of JP Morgan’s US investment bank is expected to be appointed new boss of the British high-street lender
No time should be wasted asking them to reform – just do it
Lord Patten told MPs yesterday that if he was confirmed as the new chairman of the BBC he would expect to be unpopular – and predicted that "there will be all hell let loose" as the corporation is forced to cut spending on programming.
Bob Diamond of Barclays seemed cross at being questioned by MPs, but Colin Firth might get us all talking to each other
A glamorous estate agent said to be at the centre of the alleged Russian spy ring was the subject of an urgent investigation in Britain last night, after evidence emerged that she had worked in London before moving to the US.
A bank siege ended peacefully last night when a man was arrested after up to 16 people taken hostage were released unharmed.
John Shepherd-Barron's invention of the automatic cash dispenser – now ubiquitous, but in the 1960s a mysterious contrivance – owed something to his technological grasp, his business sense and his ingenuity. It also owed something to his annoyance with a bank branch when he turned up at 12.31 on a Saturday to find to his irritation that it had closed one minute earlier, which meant he could not cash a cheque.
Britain's first black prime minister is settling into Number 10, Sir Alexander McQueen has given King Charles a makeover and the City's carbon traders are coining it. Welcome to the future – but what other surprises are around the corner? Our experts reflect on the biggest events of the next 10 years
Cameron accused of 'double standards' in deal over MPs' outside interests
As Winston Churchill's secretary and assistant, Patrick Kinna often found himself at the centre of events during the Second World War. The Kinna family had generations of army service but Patrick, slight of stature and not cut out to follow his four elder brothers into the forces, thought to have a career as a journalist and enlisted in a local secretarial college to acquire shorthand and typing skills, winning the All England Championship for secretarial speeds. He joined Barclays Bank as a clerk while deliberating whether to be a journalist or a skating instructor; he had been training with Belita Jepson-Turner and achieved British gold medal status in ice dancing.
When Frank McGarahan saw a homeless man being beaten up, he stepped in - and paid for his courage with his life. Yesterday two brothers were found guilty
Administration and a 10-point penalty loom large for struggling Southampton