A payment acceptance company supported by Barclays and which deals with billions of books each year on behalf of small businesses has recruited a veteran in the sector to become its general manager. Sky News has learned that Jason Lalor, former patron of European square operations, will lead the joint venture between the British bank … Read more
Barclays says that a computer problem that has left some customers locked in their accounts was solved after the disturbance entered the third day. The bank said the “technical problem” has been set and delayed the payments treated. In a Sunday press release, Barclays said: “We are working to update the sales for some of … Read more
Barclays advised customers to ask for help from friends and family or even to contact food banks after a big computer problem has left a certain gap in their accounts. Hundreds of people have said that they are experiencing interrupted services and missing funds after the issue was struck on what was the salary for … Read more
Barclays is proposing to cut its chief executive’s fixed salary each year as part of an overhaul of its pay package that will cap his maximum salary at just over £14 million. Sky News has learned that Barclays has written to its major shareholders this week to inform them of detailed proposals that would change … Read more
Barclays is set to complete a deal to shed its UK merchant acquiring arm, allowing it to remain an investor in the business. Sky News has learned that Barclays and Brookfield, the Canadian asset management giant, are in detailed talks over a deal which would see the British lender retain a 20% stake in the … Read more