Barclays

Excess returns expected for US stocks

Due to larger wallet size

Former CEO John Varley charged

Recording uncovered by BBC

Could violate UK and US laws

Profits nearly treble on lower conduct costs

Parkinson will be based in Leeds

Also introduced private client services team

Barclays' plans to launch a low-cost investment platform - Barclays Direct Investing - unveiled last week are likely to herald the launch of similar services from rival providers in the near future, with widespread repercussions for the investment industry....

'Capital inadequacies' at two other banks