The UK's Barclays Bank is inviting ten start-up companies to take part in a 15-week fintech accelerator programme in conjunction with Techstars
On the day it was fined EUR725 million by the EU for rate rigging, Deutsche Bank has confirmed that it has banned traders from using chat rooms, which have proved a fruitful hunting ground for regulators sniffing out market manipulation.
Barclays, The Royal Bank of Scotland and Citigroup have banned traders from using chat rooms in the wake of a series of scandals over manipulation of bank interest rates, according to the Financial Times.
Barclays employees have donned age simulation suits in an effort to appreciate the problems old customers have when banking in-branch, online and over the phone.
Barclays has added a feature to its Pingit app which gives big businesses the ability to send money to people through their mobile phone numbers.
Funding Circle, an online marketplace for business loans, has hired Barclays Business commercial director Luke Jooste to head up its move into the property finance arena.
Brits can donate to the BBC Children in Need charity appeal this year via the Barclays Pingit mobile app.
Barclays is set to axe 1700 customer-facing jobs from its branch network over the next year, citing the rise of new customer channels, particularly mobile banking.
Barclays is to begin a search for both a new head of compliance and a new chief operations and technology officer after the resignations of current incumbents Hector Sants and Shaygan Kheradpir.
Barclays is set to open branches within Asda stores, shutting down existing sites and shifting staff to the supermarket.
© Finextra Research 2013