The row over banker’s pay in Britain has been reignited after reports Barclays boss Bob Diamond could be in line to receive a bonus package of more than £9m (€10.7m).

Banking giant HSBC announced a new UK boss today as part of a management reshuffle by incoming chief executive Stuart Gulliver.

Britain’s biggest banks are involved in behind-the-scenes talks over a joint plan to cut bonus payouts and boost lending to small businesses, it was reported today.

Barclays reported a further drop in profits at its powerhouse investment banking division today after market conditions remained challenging.

HSBC chief executive Michael Geoghegan is to step down by the end of the year in a major boardroom shake-up, the banking giant said today.

News of changes at the top of banking giants Barclays and HSBC received a lukewarm response from investors today as the wider market ended its recent strong run.

Multi-millionaire banker Bob Diamond has been named today as the next chief executive of banking group Barclays.

Barclays today reported a leap in first quarter profits to £1.82bn (€2.09bn), but shares came under pressure amid fears of a slowdown at its star investment banking arm.

Royal Bank of Scotland chief executive Stephen Hester could be in line for a bonus of up to £1.6m (€1.82m) this week despite the bank's predicted hefty losses, it was reported today.

Banking giant Barclays posted record annual profits of £11.6bn (€13.3bn) for 2009 today as its two most senior bosses turned down bonuses for the second year in a row.

Banking giant Barclays has posted record annual profits of more than £11.6bn (€13.3bn) today – triggering huge payouts for legions of its investment bankers.

Piling too much regulation on banks could push up the cost of credit and damage the economy, the head of banking giant Barclays said today.

Banking giant JP Morgan may scrap plans to build a new £1.5bn (€1.66bn) headquarters in London due to the British Government’s bonus tax and tougher City regulations, it was reported today.

Banking giant Barclays today reported an 8% rise in profits after a bumper six months for its investment banking arm.

One of English bank Barclays’ biggest Middle Eastern investors said today that it would maintain a “close” relationship with the banking giant despite announcing plans to offload part of its stake.

A gatecrasher to Barclays' £3bn (€3.37bn) deal to sell fund management business iShares could net the bank another £500m (€562.7m), it was reported today.

Barclays bank president Bob Diamond was in line for a payout of up to £4.7m (€5.2m) today after the bank sold part of its fund management business to bolster its finances.

British banking giant Barclays posted a 14% fall in annual profits today after an "extraordinarily challenging" period for the financial sector.

The FTSE 100 stayed in the red today despite the continued rally in bank shares.

The attempt by Barclays to reassure investors over its funding position continued to buoy its shares and others in the banking sector today.

Barclays shares jumped 72% today after the bank took unprecedented steps to reassure investors that it remained well-funded and profitable.

Barclays shares ended a nine-day slump in dramatic fashion today after an open letter from management insisted the bank was well-funded and profitable.

Barclays shares surged 64% today after management moved to reassure shareholders in the wake of a nine-day losing streak for the bank.

Barclays shares rose more than 25% today after an open letter from the bank’s under-pressure bosses helped settle investor nerves.

Barclays wrote an open letter to the stock market today in an attempt to reassure investors after a slide in its shares over the past two weeks.

The FTSE 100 Index fought back from lows below the 4000 barrier today in the wake of figures confirming the official start of the UK recession.

The FTSE 100 Index dived below the 4,000 barrier today after grim economic figures heightened fears of a deep and prolonged recession.

Investors in Barclays will meet today to approve a £7bn (€8.2bn) fund-raising which could put almost a third of the bank in the hands of Middle East investors.

British bank Barclays said today that executive directors will not receive any annual bonus this year as the bank seeks to pacify investors over its £7bn (€8.3bn) fundraising.

British bank Barclays reported an “acutely disappointing” 33% profit slump today after more hefty write-downs and warned that it expected tough conditions to continue through next year.

Barclays today revealed a 33% first half profits slump as the bank suffered £2.8bn (€3.52bn) of credit crunch write-downs

British bank Northern Rock announced the appointment of Barclays director Gary Hoffman as its £700,000(€886,657)-a-year chief executive today.

Less than a fifth of Barclays existing shareholders opted to buy new shares in the bank as part of a £4.5bn (€5.7bn) fund raising scheme, the company said today.

Barclays today outlined plans for a £4.5bn (€5.7bn) cash injection from wealthy overseas investors as part of a move to boost its balance sheet.

A senior executive at a major high street bank is to leave the company, it was announced today.

London’s blue chip shares retreated into the red today as stocks were hit by bad housing market news on both sides of the Atlantic.

Housebuilders bore the brunt of a market sell-off today amid gloomy trading for the FTSE 100 Index.

Banking group Barclays said today first quarter profits were down on last year after a sharp decline at its investment banking arm.

Banking giant Barclays today posted profits of £7.08bn (€9.4bn) for 2007, but revealed a £1.6bn (€2.1bn) hit from the credit crunch and warned of “at least” another six months of turmoil.

Two of Britain’s biggest banks, Barclays and Lloyds TSB, will this week offer a boost to the financial sector by declaring an increase in dividend payments, it was reported today.

Banking giant Barclays said today that it had seen no signs of rising debt levels, despite consumers coming under pressure from interest rate hikes.

Banking giant Barclays today revealed a lower-than-feared £1.3bn (€1.8bn) write-down on investments linked to the crisis-hit US mortgage market.

Barclays today gained shareholder support for its merger with Dutch bank ABN Amro but said it was prepared to walk away from the deal if the price was not right.

Barclays’ bid for Dutch bank ABN Amro received a boost today after it was granted approval from Dutch regulators.