The country’s financial institutions are getting a good kicking — perhaps deservedly so.

Three former Barclays traders have been found guilty by a London jury of conspiring to fraudulently manipulate global benchmark interest rates in a stark warning to junior bankers and a major victory for Britain’s Serious Fraud Office (SFO).

The jury in the London trial of five former Barclays traders charged with conspiracy to manipulate global Libor interest rates yesterday retired to consider its verdict after hearing more than 10 weeks of evidence.

The jury in the London trial of five former Barclays traders charged with conspiracy to manipulate global Libor interest rates yesterday retired to consider its verdict after hearing more than 10 weeks of evidence.

Barclays has fired its chief executive Antony Jenkins.

Barclays’ boss Antony Jenkins today banished the ghost of Bob Diamond as he took an axe to highly-paid staff at the investment banking division built up by his predecessor.

Barclays has revealed a profits haul of £5.2bn for 2013 after the banking giant took the unusual step of announcing its headline figures a day early.

Eight global banking giants have been fined a combined €1.7 bn by the European Commission for forming illegal cartels to rig benchmark interest rates.

A mammoth fundraising by Barclays has received strong support after 95% of the shares in the £5.8bn (€6.8bn) rights issue were taken up.

A mammoth fundraising by Barclays has received strong support after 95% of the shares in the £5.8bn rights issue were taken up.

Putting in place an effective bank resolution regime as well as eliminating regulatory arbitrage are two of the steps needed to solve the ‘too big to fail’ problem in the financial services sector, according to the former chief executive of Barclays Bank, Bob Diamond.

Barclays finance director Chris Lucas is stepping down at the end of this week after bringing forward his departure from the bank by six months due to ill health.

Barclays boss Antony Jenkins will attempt to break from the bank’s scandal-hit past this week by announcing the closure of its tax avoidance unit and the cull of around 2,000 investment banking jobs, it was reported today.

Barclays boss Antony Jenkins said he was "shredding" the legacy left by his predecessor Bob Diamond as he confirmed bonuses will be slashed following another £1bn (€1.15bn) provision to cover mis-selling scandals..

Banking giant Barclays is facing more boardroom upheaval after announcing that its finance director since 2007 is to leave the group.

Scandal-hit Barclays is reportedly in talks with shareholders over plans to pay its new boss a seven-figure bonus.

Barclays’ staff were today told to sign up to an ethical code of conduct or quit, as part of the British bank’s crusade to repair its battered reputation.

Chancellor George Osborne shocked the City today as he unveiled Canadian Mark Carney as the first non-British citizen to be appointed as governor of the Bank of England.

Britain's Chancellor of the Exchequer George Osborne will name the next Governor of the Bank of England in a statement to the House of Commons today.

The Bank of England could name its new governor this week amid pressure to appoint a successor to Mervyn King before the Chancellor’s autumn statement.

New Barclays boss Antony Jenkins insisted the bank was in good shape today despite a torrent of reputation-scarring scandals and a £47 million quarterly loss.

The UK's City watchdog warned Barclays two years ago that appointing Bob Diamond as chief executive could prove unsuitable, documents revealed today.

British lender Barclays has today called for a new industry body to be formed with the power to ban rogue bankers in the wake of the rate rigging scandal.

Barclays’ new chief executive today signalled plans to shrink the investment banking arm that dominated the reign of predecessor Bob Diamond.

Barclays handed the job of restoring its tarnished reputation to an insider today as another scandal threatened to engulf the UK bank.

Under-fire banking giant Barclays today named its retail and business banking boss Antony Jenkins as chief executive.

The Serious Fraud Office has launched an investigation into payments made between Barclays and Middle East investors it tapped for funds at the height of the financial crisis.

Former Barclays deputy chairman Nigel Rudd has slammed MPs for a “completely unacceptable” attack on the bank’s embattled ex-boss Bob Diamond, it was reported today.

The rate-rigging scandal that has rocked the banking industry showed no signs of abating today as US authorities summoned three British banks for questioning.

A pay scheme that could defer bonuses for Barclays bosses until they retire is being considered by the under-pressure bank, it was reported today.

Britain's top four banks are reportedly set to take another £1bn (€1.28bn) hit for mis-selling payment protection insurance - bringing the industry total to nearly £8bn (€10.26bn).

The leadership crisis at Barclays continued to plague the embattled bank today after the frontrunner for the role of chairman confirmed his withdrawal from the race.

The leadership crisis at Barclays showed no signs of easing today after the frontrunner for the role of chairman reportedly withdrew from the race.

Banking’s reputation was already on the floor when along came rate-fixing and money laundering for drug cartels and rogue states to completely destroy the public’s trust, writes Kyran Fitzgerald

The furore over the G4S Olympics contract showed no signs of fading as the security firm’s shares fell another 6% today.

Bank of England boss Mervyn King told MPs he was not to blame for failing to spot the rate-rigging scandal engulfing the industry amid mounting accusations over the central bank’s role..

The former Barclays director who told staff to lower their interest rate submissions following a misunderstanding with the Bank of England will give evidence to MPs today.

If we take Bob Diamond and Paul Tucker at their word, part of the Libor scandal at Barclays can be chalked up to a series of comic misunderstandings, like a children’s game of telephone.

Irish musician and human rights activist Bob Geldof has said bankers and traders should be jailed if they have broken the law.

They say that paper never refused ink and so the global financial and economic crisis that took root five years ago has resulted in millions of column inches each and every day.

Bob Diamond, the former boss of Barclays, has given up bonuses worth up to €25m following his resignation over a rate-fixing scandal, the bank’s chairman said in parliamentary testimony yesterday.

DO we really want a random collection of unqualified TDs investigating the most calamitous financial disaster in the history of the State?

Former Barclays boss Bob Diamond has waived a potential £20m (€25m) in bonuses and share awards, but will still walk away with up to £2m (€2.5m).

A South Nottinghamshire Conservative MP tasked with investigating the Libor rate-rigging scandal said she and her fellow politicians were "useless" in uncovering the truth behind the affair.

Ed Miliband will set out a blueprint for fundamental reform of the British banking system today, including forcing the “big five” to sell up to 1,000 more branches to increase competition.

Britain’s biggest banks were tonight embroiled in a criminal investigation after the Serious Fraud Office opened an official inquiry into the rate-rigging affair.

World markets came under pressure today as gloomy comments from the head of the European Central Bank offset optimism surrounding emergency action taken to boost the UK and eurozone economies.

British banking giant Barclays today saw its credit rating outlook downgraded to negative to reflect concerns over the impact of Bob Diamond's shock resignation.