Yes I read it, but I struggled to believe that this is a real problem. It very well could be, but I would need more evidence

Well it has to be better than the Payday Loan Sharks. Good to see the govt are cracking down on them.

http://www.independent.co.uk/money/l...d-8521698.html

The problem in Britain is a social one, not a financial one. They wont benefit from me lending them a few quid

Sometimes you surprise me. But I suppose everyone has their moments of divine inspiration.

A total of 428 employees of Barclays earned more than £1m last year, the bank has disclosed.
Five members of staff were paid more than £5m, the bank said, but they did not include the chief executive, Antony Jenkins, who received £2.6m

http://www.bbc.co.uk/news/business-21715167

I sometimes have difficulty in understanding the continued use of the word "earned" rather than the word "paid"

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Yes, well, it's the BBC which has to dumb these things down for it's target news audience. They lap this sort of stuff up.

No mention at all of the 1.49 trillion worth of assets these lads and lasses are looking after all around the world. You don't pay busman's wages for doing that.

Thank you for the sight of Barclays' results, Santa Claus, I found them fascinating. I particularly recommend page 112 which shows what they earn for Barclays and where.

For instance, it shows that only 9% of Barclays assets are tied up in UK high street banking and they only get 0.2% return on their assets! I wonder why they bother opening the bank doors in the morning. Lessons there for Dave.

24 billion income, 69% from Johnny Foreigner.

I suppose that's where they take out the bonuses. Can't be from their high street banks - they don't make enough.

Anymore and I'd bore you.

Anyone know how how to get a pound sign on a Spanish keyboard ? I can't be bothered to cut and paste anymore.

Poor little bankers eh?

Wouldn't go that far.

Just pointing out that if you read page 112, you will see why Barclays need to have a good profit sharing scheme for their workers. Hope it goes to the right people.

I had a discussion with a bank manager on a visit to 'Catalunyacaixa' yesterday after selling a property.....He realises the distrust many people feel toward the whole system and understands why.....He then proceeded to try and flog me this.....' CX Top Funds Premium deposit' 2013.

I won't repeat my answer!

They're dumping staff. Poor guy's gotta try !

Gotta try what? Selling me another con? Persuading me to invest in a scheme whereby they can gamble with my money and make fortunes whilst promising me more than I would get if I left it in their own bank? Promising only, not guaranteeing....Robber barons! It appears that you are sympathetic with these brainwashed criminals

These so-called professionals have spent the last thirty yrs of their existence deliberately miss selling financial packages and manipulating figures and over charging so that vast profits can be protected from ending up in the investors pocket and diverted to their own. The reckless packaging up of liquidity and debt to be sold and resold around the globe is the main kick start to the fiscal toilet the world finds itself being flushed down.

So now there is a serious lack of investments worldwide because of their criminal negligence and risky gambling...They are repackaging the same old scams!
I’d like to know ( UK ) where the supposedly £1 Trillion they have printed and or distributed has vanished to?

Can you give some concrete examples please ?

Can you tell me how the bankers have affected you personally ?

How can anyone give a reasoned argument when airy fairy regurgitated claptrap recycled from the communist era is spouted here.

"Gambling with my money" how ? "promising not guaranteeing " ? "brainwashed criminals" ? "criminal negligence and risky gambling".

What "1 trillion printed" ?

Which country are we talking about ?

One poster here has suggested that British Banks have blood on their hands and we should give their business to China.

C'mon.

You don't think the LIBOR fiasco and fraud was damaging? The scum suckers manipulated the very rate that made them worth investing and trusting in. They were, for years, defrauding their own colleagues and the industry. The BBA are directly responsible for over 300 trillion in financial products, their actions could well have brought the whole thing crashing down. Any idea how much damage that could have done?
The sad thing about this whole sorry mess is that you didn't see any of those involved in all this mess and all the other cheating, lying crap do the honourable thing and step off a building ledge somewhere, sadly many of them will and have crept back into the industry quietly.

First let me declare my interest. I applied for a job with Barclays and was turned down by them. The only firm to do that in my working history.

I’ve also had a free account with them for 40 years, a mortgage, second mortgage, and an account for my small business with them. Never, ever, have they made a mistake with my banking.

The LIBOR Scandal.

At times all banks run into cash flow problems due to unforeseen circumstances. To insure themselves against this, several LONDON banks got together, deep in the last century, in a sort of self-help group that would lend to each other when they were in short-term trouble. A sort of ‘lend us 50 quid till Friday and I’ll buy you a pint’ arrangement.

The banks arranged amongst themselves the rate they would charge each other - ‘the overnight rate’ hence London InterBank Overnight Rate (LIBOR).

They fixed the rate amongst themselves, no one else, it was not regulated, it had nothing to do with bank rate, and certainly nothing to do with any other countries. They fixed this rate at the fixed time of eleven o’clock every morning, and stupidly published it.

Without a by-your-leave, the Chicago Derivatives Exchange (dubbed a Casino by the press) decided that the LIBOR rate was something great to bet on. So they bet on what the rate the banks in London set the rate. They paid nothing towards it’s maintenance and had nothing material to do with it.

Come the crash, the London banks fixed the fixed rate at a fixed rate that would suit themselves, the very reason the LIBOR mechanism had been set up for.

The Chicago Derivatives Exchange hadn’t thought about that, lost money, and cried “foul” to the American regulator who unbelievably agreed with the casino.

Barclays and others were charged by the Americans, and admitted the charge, knowing the length of time, money and trouble it would take to clear themselves just wasn’t worth it and coughed up 600 million.

Bob Diamond fell on his sword, and spent God knows how long beating off people begging him to join them at multiples of the money Barclays were paying.

The Yanks are still betting on the LIBOR rate.

The Governor of the Bank of England now needs to watch his step when he fixes the Base Rate in favour of the British economy without the say so of Chigago.

I know WHAT it was.. that wasn't my point.