Andrew Tyrie, the chairman of the Treasury Select Committee, has asked George Osborne to respond to suggestions from Barclays that retrospective tax action taken against the bank earlier this year was "unwarranted".
Barclays has launched a platform which will allow wealth managers to trade stocks, ETFs and other assets themselves.
Barclays has put its $6.1bn stake in US fund manager BlackRock up for sale in a surprise move.
UK banking shares dragged the FTSE 100 lower this morning as sentiment struggled following J.P. Morgan's revelation that it lost $2bn in a trade which went awry.
Ecclesiastical's Neville White argues it is time to hold company executives to account over renumeration, as the 'shareholder spring' movement gains momentum.
Nationalised lender Royal Bank of Scotland (RBS) is to repay the final tranche of the £163bn in emergency loans it took from the UK government, and will resume paying dividends on its preference shares.
Some Barclays shareholders are expected to vote against the pay of its top executives at the bank's annual general meeting on Friday.
Adjusted profits at UK lender Barclays surged by over a fifth in the first quarter of 2012, well above expectations.