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Pin to quick picksBarclays Share News (BARC)

Share Price Information for Barclays (BARC)

London Stock Exchange
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Share Price: 202.35
Bid: 202.15
Ask: 202.25
Change: 0.00 (0.00%)
Spread: 0.10 (0.049%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 202.35
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Lloyds heads bank complaints list

Thu, 30th Sep 2010 08:04

Lloyds accounted for more complaints than any other bank in the first half of the year, according to a list published by the City watchdog today. The part-nationalised bank received almost 289,000 grumbles from customers between January and June, 30,000 more than Barclays and 44,000 more than Santander.Lloyds points out that it was top of the pile because it's the biggest of Britain's lenders and that complaints came from fewer than 1% of its 30m customers.But it's the Spanish banking titan that's worst at dealing with complaints, said the Financial Services Authority (FSA). Less than half were cleared up within eight weeks, while Barclays solved 91% and Lloyds 97%.The regulator now wants to introduce tough new rules to make banks improve the way they handle moans from account holders.They won't be able to send letters rejecting complaints that don't tell customers they can then go to the Financial Ombudsman Service; a senior manager will have take responsibility for complaints handling; and remedies for common complaints will have to be put in place."Good complaint handling should be the rule, not the exception," Sheila Nicoll, FSA director of conduct policy, said.Banks will also be forced to ditch the "two-stage" rule in favour of a "one-stage" method of dealing with complaints. This means they get a "final verdict" sooner and are less likely to drop their case before it's been dealt with properly.
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TOP NEWS: Barclays eyes GBP2 billion cost cuts and promises returns

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Barclays unveils massive overhaul as profits fall 6%

(Sharecast News) - Barclays Bank unveiled a swathe of changes on Tuesday, including a structural overhaul of operations, £2bn in cost cuts and a massive increase in shareholder payouts as annual earnings fell by 6%.

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18 Feb 2024 23:26

Sunday newspaper round-up: Currys, Barclays, Homebuilders

(Sharecast News) - China's JD.com has been looking at a possible acquisition offer for Currys. Just the day before the electricals retailer had rebuffed an approach by private equity. Exploratory talks between Currys and JD had been held over the preceding weeks. Additional bidders may appear. It was understood that Currys had been contacted by multiple private equity firms on an informal basis over recent months after it was forced to cut its dividend payout. It was but the latest example of a British business being taken out and for some showed that British businesses were being chronically undervalued. - Sunday Telegraph

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16 Feb 2024 12:07

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REPEAT: Barclays bids to buy SocGen's UK private bank - Reuters

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15 Feb 2024 10:37

PRESS: Barclays bids to buy SogGen's UK private bank - Reuters

(Alliance News) - Barclays PLC is considering bidding to buy the UK private bank of France's Societe Generale SA, Reuters reported on Thursday.

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Barclays eyes SocGen's UK private bank - report

(Sharecast News) - Barclays is considering bidding for Societe Generale's UK private bank, it was reported on Thursday.

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