Barclays

Barclays has bought ING Direct UK in a deal which has given it £10.9bn in customer deposits and a £5.6bn mortgage book.

RBS has suspended a trader for trying to rig the Singapore dollar swap offer rate, according to reports, in the latest case of interest rate benchmark manipulation.

Barclays has restructured its investment banking arm in an effort to cut costs and limit further reputational damage following the LIBOR scandal.

UK BANKS

Now is the time for income-seeking investors to look at UK banks again, ahead of their return to the dividend register, said Schroders' Nick Kirrage.

Senior bank staff overseeing traders who set LIBOR will need to be formally authorised by the Financial Services Authority (FSA) under new proposals to combat rate rigging, Sky News reports.

Sarah Mumford, marketing director at Alquity Investments, says the recent debacle at Barclays serves as a reminder that considering a company's corporate social responsibility principles is something investment providers should be doing as a matter of...

The British Bankers' Association (BBA) could be stripped of its role in setting the LIBOR interbank lending rate following the fixing scandal which saw Bob Diamond step down as the CEO of Barclays.

CONTRARIAN INVESTOR

Bank of England governor Mervyn King has called the end of the recession in the UK and pointed to signs of growth returning to the economy.