UK equity income managers have found their early purchases of Lloyds Banking Group thwarted by a longer than expected delay in the bank restarting dividend payments.
High street banks are using Wonga-style bullying letters to chase customers for payments.
Barclays' share price has fallen 5% this morning following news US prosecutors has initiated a fraud case against the bank.
Jupiter's Maarten Slendebroek
Asset managers are likely to engage in a "fundamental rethink" of their retail strategies as more customers go direct in future, according to analysts at Barclays.
The Financial Conduct Authority (FCA) has fined Barclays £26m for gold price fixing.
With the banking sector reporting mixed first quarter results, which groups are still worth holding on to?
Barclays plans to axe more jobs than it had previously announced, as part of the chief executive's ambitious cost-cutting plans.
Barclays' profits have fallen in the first quarter with the investment bank suffering almost a 50% drop in profits, according to its quarterly report.
Barclays is to announce the creation of a 'bad bank' next week with the aim to transforming its struggling investment banking arm, according to reports.