Barclays

Barclays has reported a 15% rise in Q3 profit but also set aside £500m for potential fines relating to manipulation of foreign exchange markets.

Barclays is seeking to include a D2C discretionary investment service offering model portfolios to clients in its relaunched consumer platform proposition, Investment Week understands.

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Barclays has been hit with a £38m fine for failing to adequately protect clients' funds, the Financial Conduct Authority has confirmed.

Barclays has hired former Citigroup banker Akshaya Bhargava to head up its recently restructured wealth management business, following the exit of Peter Horrell in June.

Footloose and financially free

Barclays has appointed Aviva's John McFarlane to succeed Sir David Walker as chairman in 2015.

European Wealth has opened an office in Manchester, expanding its regional network into the North West of England, after recruiting a pair of former Barclays investment managers.