Announcement follows U.K. regulator's decision earlier this year to phase out the benchmark.

Announcement follows U.K. regulator's decision earlier this year to phase out the benchmark.

Memo suggests institutional clients will be charged for certain deposits due to new capital requirements.

Memo suggests institutional clients will be charged for certain deposits due to new capital requirements.

Move signals the end of Barclays effort to build a global bank.

Move signals the end of Barclays effort to build a global bank.

Barclays announced that it's exiting most commodities businesses, following JPMorgan and Morgan Stanley; Goldman Sachs stands to benefit.

Barclays announced that it's exiting most commodities businesses, following JPMorgan and Morgan Stanley; Goldman Sachs stands to benefit.