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Barclays’ chairman, John McFarlane, said: “I am personally very disappointed and apologetic that this situation has occurred, particularly as we strive to operate to the highest possible ethical standards.
“The Board takes Barclays culture and the integrity of its controls extremely seriously.
“We have investigated this matter fully using an external law firm and we will be commissioning an independent review of Barclays processes and controls to determine what improvements may be required.”
Key events for wealth managers in the week beginning 25 November
The label will come into effect on the 27 November
Global climate assets up 6% in first nine months of 2024
Reluctance of platforms to allow for fractional trading means the inclusion of ETFs and trusts within model portfolio services is being constrained
88% of companies globally either raised payouts or maintained their level
Number of women in the industry increases but female representation in the 50-64 age bracket declined, according to inclusion report
