Criminal charges are filed by U.K.'s Serious Fraud Office against two former interdealer brokers.
Business minister said the staff will receive 10% of the new company.
Government is expected to make public on July 10 details of a proposed $3.7 billion stock market listing for the country's postal service.
U.K.'s biggest banks ordered to bolster their balance sheets by £27.1B to prevent a repeat of the 2008 banking crisis.
Cites safety concerns.
U.K. government, RBS's majority shareholder, keen to have a fresh face to lead the privatization of the bailed-out bank.
Latest setback for U.K. fashion house known for its designer handbags.
Opts not to pump more money into the U.K. economy.
The European Commission wants all financial benchmarks to be supervised by the Paris-based European Securities and Markets Authority. | Fledgling pan-E.U. securities regulator seeks to spread its wings
Barclays has confirmed that it is co-operating with U.S. prosecutors following the discovery that the founder of the alleged money launderer held an account with the U.K.'s second largest bank.