Hector Sants

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A sign for a Lloyds TSB bank branch, as shareholders begin a High Court battle today for £600 million damages from Lloyds Banking Group. Photograph: Peter Byrne/PA Wire

Lloyds Banking Group mugged shareholders into agreeing to the “catastrophic” HBOS deal struck at the height of the global financial crisis, a lawyer r(...)

Dwindling job security, heavier workloads, regulatory upheaval and the poor public image of the banking sector are taking a toll on the mental health of Britain’s bank workers. (Photograph: Jason Alden/Bloomberg)

Dwindling job security, heavier workloads, regulatory upheaval and the poor public image of the banking sector are taking a toll on the mental health(...)

Abu Dhabi intends to set itself up as a new hub for wealth management, with the head of its nascent international financial centre declaring Switzerland’s old model of private bank secrecy to be “dead”. (Photograph: Sam Robinson/Digital Vision /Getty)

Abu Dhabi intends to set itself up as a new hub for wealth management, with the head of its nascent international financial centre declaring Switzerl(...)

 The departure of Angela Ahrendts, who transformed Burberry from its “chav” links into a social media fashion forward, blew a hole in investor confidence leaving its shares 6.2 per cent down. Photograph: Bloomberg

British business lost two of its biggest hitters yesterday when Angela Ahrendts said “adieu” to Burberry and Hector Sants bid Barclays “au revoir”. Ah(...)

 Britain’s former top financial regulator Hector Sants, who joined Barclays Plc at the start of this year as head of compliance, is to take the rest of the year off after suffering from exhaustion and stress. Photograph: Stefan Wermuth/Reuters

Hector Sants, who was brought in to oversee compliance at scandal-hit Barclays in the UK, has been signed off work until the end of the year after bei(...)