http://www.lse.co.uk/ BARC Financial Share News Feed - London South East en-us Fri, 24 May 2013 23:28:31 GMT 2007 London South East http://www.lse.co.uk/rss/ 15 Feb 22 (Reuters) - Barclays PLC: * Investec raises to buy from hold; price target to 345p from 340p http://www.lse.co.uk/ShareNews.asp?shareprice=BARC&ArticleCode=f671xqvvvb6jyga Fri, 22 Feb 2013 09:48:43 GMT By Nadia Damouni and Soyoung Kim and Greg Roumeliotis NEW YORK, Feb 1 (Reuters) - Dell Inc is edging closer to an agreement to sell itself to a buyout consortium led by Michael Dell, its founder and chief executive, and private equity firm Silver Lake Partners in a deal that could top $24 http://www.lse.co.uk/ShareNews.asp?shareprice=BARC&ArticleCode=f8r6hnsgff634c0 Fri, 01 Feb 2013 19:22:45 GMT By Steve Slater and Matt Scuffham LONDON, Feb 1 (Reuters) - Barclays Chief Executive Antony Jenkins has opted not to take a bonus for 2012, saying he should 'bear an appropriate degree of accountability' for the difficult year the British bank endured. http://www.lse.co.uk/ShareNews.asp?shareprice=BARC&ArticleCode=suvi56cn095y139 Fri, 01 Feb 2013 17:43:05 GMT By Steve Slater and Matt Scuffham LONDON, Feb 1 (Reuters) - Barclays Chief Executive Antony Jenkins has opted not to take a bonus for 2012, saying he should 'bear an appropriate degree of accountability' for the difficult year the British bank endured. http://www.lse.co.uk/ShareNews.asp?shareprice=BARC&ArticleCode=d23d4uysllhevgv Fri, 01 Feb 2013 17:30:20 GMT By Matt Scuffham and Huw Jones LONDON, Feb 1 (Reuters) - Royal Bank of Scotland will next week agree a settlement with U.S. and British authorities for its part in a global rate rigging scandal, sources familiar with the situation told Reuters. http://www.lse.co.uk/ShareNews.asp?shareprice=BARC&ArticleCode=2kaghnn9yimmfsf Fri, 01 Feb 2013 17:20:04 GMT By Steve Slater and Matt Scuffham LONDON, Feb 1 (Reuters) - New Barclays Chief Executive Antony Jenkins has opted not to take a bonus for 2012, saying he should 'bear an appropriate degree of accountability' for the difficult year his bank endured. http://www.lse.co.uk/ShareNews.asp?shareprice=BARC&ArticleCode=rnqhwfab9yswtvc Fri, 01 Feb 2013 13:24:18 GMT LONDON, Feb 1 (Reuters) - New Barclays chief executive Antony Jenkins said he will not take a bonus for last year, saying he should 'bear an appropriate degree of accountability' for the difficult year his bank and its stakeholders had. http://www.lse.co.uk/ShareNews.asp?shareprice=BARC&ArticleCode=uphdujpm8j1eco1 Fri, 01 Feb 2013 11:45:22 GMT (The following statement was released by the rating agency) Feb 01 - The costs for redress of the mis-selling of interest-rate hedging products (IRHP) should be manageable for UK banks but will dent their net earnings prospects in the short- to medium-term, Fitch Ratings says. It is di http://www.lse.co.uk/ShareNews.asp?shareprice=BARC&ArticleCode=fe9e2irwrs8orca Fri, 01 Feb 2013 11:04:01 GMT LONDON, Jan 31 (Reuters) - British authorities are looking into an allegation that Barclays loaned Qatar money to invest in the bank as part of its rescue fundraising at the height of the 2008 financial crisis, the Financial Times reported. http://www.lse.co.uk/ShareNews.asp?shareprice=BARC&ArticleCode=zx3mrtjnjgoinrr Fri, 01 Feb 2013 10:11:23 GMT LONDON, Jan 31 (Reuters) - British authorities are looking into an allegation that Barclays loaned Qatar money to invest in the bank as part of its rescue fundraising at the height of the 2008 financial crisis, the Financial Times reported. http://www.lse.co.uk/ShareNews.asp?shareprice=BARC&ArticleCode=m4971fi2cpmvny4 Fri, 01 Feb 2013 10:10:07 GMT By Nadia Damouni and Soyoung Kim NEW YORK, Feb 1 (Reuters) - Dell Inc is nearing an agreement to sell itself to a buyout consortium led by its founder and Chief Executive Michael Dell and private equity firm Silver Lake Partners, possibly announcing a deal as soon as Monday, according to http://www.lse.co.uk/ShareNews.asp?shareprice=BARC&ArticleCode=nli2x2sk5damo6v Fri, 01 Feb 2013 06:55:44 GMT LONDON, Jan 31 (Reuters) - Authorities in the UK are looking into an allegation that Barclays loaned Qatar money to invest in the bank as part of its cash call during the height of the financial crisis in 2008, allowing the bank to avoid a bailout, The Financial Times reported on its website o http://www.lse.co.uk/ShareNews.asp?shareprice=BARC&ArticleCode=zs2kn6lnzzo9xx4 Thu, 31 Jan 2013 23:17:53 GMT By Laura Noonan LONDON, Jan 31 (Reuters) - The sharp improvement in Deutsche Bank's capital ratio has revived debate about the role banks' own risk models play in deciding whether or not they have sufficient reserves. http://www.lse.co.uk/ShareNews.asp?shareprice=BARC&ArticleCode=ext19rnw16d005b Thu, 31 Jan 2013 19:11:29 GMT LONDON, Jan 31 (Reuters) - The bosses of HSBC, Barclays and Lloyds have been called to testify before UK lawmakers next week as an inquiry into standards in banking intensifies after a string of scandals. http://www.lse.co.uk/ShareNews.asp?shareprice=BARC&ArticleCode=ixnx57vnhqx4as3 Thu, 31 Jan 2013 18:22:41 GMT HARARE, Jan 31 (Reuters) - Zimbabwe's central bank chief on Thursday cautioned the government against a drive forcing foreign banks to hand over majority stakes to locals, saying this could damage confidence in the sector battling through a fragile economic recovery. http://www.lse.co.uk/ShareNews.asp?shareprice=BARC&ArticleCode=a6jll5xw2m94nce Thu, 31 Jan 2013 16:49:09 GMT By Matt Scuffham LONDON, Jan 31 (Reuters) - British banks face another round of compensation claims that could total billions of pounds after the regulator found they had widely mis-sold complex interest-rate hedging products to small businesses. http://www.lse.co.uk/ShareNews.asp?shareprice=BARC&ArticleCode=t2ex539wi1ea0li Thu, 31 Jan 2013 15:34:04 GMT By Matt Scuffham LONDON, Jan 31 (Reuters) - British banks face another round of compensation claims that could total billions of pounds after the regulator found they had widely mis-sold complex interest-rate hedging products to small businesses. http://www.lse.co.uk/ShareNews.asp?shareprice=BARC&ArticleCode=9hhb9qo1rdncrr7 Thu, 31 Jan 2013 12:48:48 GMT By Matt Scuffham LONDON, Jan 31 (Reuters) - British banks face another round of compensation claims that could total billions of pounds after a study found they had widely mis-sold complex interest-rate hedging products to small businesses. http://www.lse.co.uk/ShareNews.asp?shareprice=BARC&ArticleCode=iuxb9mkzequd7di Thu, 31 Jan 2013 10:20:55 GMT By Matt Scuffham LONDON, Jan 31 (Reuters) - British banks face another round of compensation claims that could again total billions of pounds after a study of interest rate hedging products sold to small firms found the vast majority were mis-sold. http://www.lse.co.uk/ShareNews.asp?shareprice=BARC&ArticleCode=wytbvfhp8yo1yop Thu, 31 Jan 2013 08:21:08 GMT By Matt Scuffham LONDON, Jan 31 (Reuters) - A pilot study of interest rate hedging products sold to small British firms found over 90 percent had been mis-sold by banks, the financial regulator said. http://www.lse.co.uk/ShareNews.asp?shareprice=BARC&ArticleCode=4q3bw17lsw3sdzu Thu, 31 Jan 2013 07:50:15 GMT LONDON, Jan 31 (Reuters) - Britain's financial regulator said on Thursday the results of a study into the sale of complex interest rate hedging products to small firms by banks had found that the vast majority had been mis-sold. http://www.lse.co.uk/ShareNews.asp?shareprice=BARC&ArticleCode=1rsgtmdpx1hytso Thu, 31 Jan 2013 07:33:42 GMT LONDON, Jan 31 (Reuters) - Britain's financial regulator said on Thursday the results of a study into the sale of complex interest rate hedging products to small firms by banks had found that the vast majority had been mis-sold. http://www.lse.co.uk/ShareNews.asp?shareprice=BARC&ArticleCode=1yjp00sdhjrnb3u Thu, 31 Jan 2013 07:31:51 GMT By Soyoung Kim and Olivia Oran NEW YORK, Jan 30 (Reuters) - Quintiles Transnational Corp, the largest provider of testing services to drugmakers, has chosen Morgan Stanley, Barclays Plc and JPMorgan Chase & Co as joint bookrunners for a planned initial public offering, people familiar wit http://www.lse.co.uk/ShareNews.asp?shareprice=BARC&ArticleCode=npm66wzxclzngh1 Thu, 31 Jan 2013 00:10:27 GMT NEW YORK, Jan 30 (Reuters) - Quintiles Transnational Corp, the largest provider of testing services to drugmakers, has chosen Morgan Stanley, Barclays Plc and JPMorgan Chase & Co as joint bookrunners for a planned initial public offering, people familiar with the matter said on Wednesday. http://www.lse.co.uk/ShareNews.asp?shareprice=BARC&ArticleCode=8wd138v9vvx5g9v Wed, 30 Jan 2013 23:48:49 GMT By Steve Slater and Matt Scuffham LONDON, Jan 30 (Reuters) - The former head of remuneration at Barclays said she clashed with the British bank's board over former boss Bob Diamond's pay package and described some bonus awards in banking as 'obscene'. http://www.lse.co.uk/ShareNews.asp?shareprice=BARC&ArticleCode=bno4c4qnv9d598z Wed, 30 Jan 2013 18:33:05 GMT LONDON, Jan 30 (Reuters) - :HSBC * HSBC current pay chair says there will be claw back from some staff http://www.lse.co.uk/ShareNews.asp?shareprice=BARC&ArticleCode=41uus6mdggdxt7t Wed, 30 Jan 2013 17:10:53 GMT LONDON, Jan 30 (Reuters) - Barclays PLC: * Current pay chair sunderland says doesn't feel board made misjudgement on bob http://www.lse.co.uk/ShareNews.asp?shareprice=BARC&ArticleCode=gwcwfg1xc1rcgoa Wed, 30 Jan 2013 16:50:54 GMT LONDON, Jan 30 (Reuters) - Barclays PLC: * Former pay chair carnwath says amazed by chairman's recommendation on bob http://www.lse.co.uk/ShareNews.asp?shareprice=BARC&ArticleCode=yxm1ix64mwkklzd Wed, 30 Jan 2013 16:18:57 GMT LONDON, Jan 30 (Reuters) - The former head of remuneration at Barclays said she clashed with the UK bank's board over the annual bonus of former boss Bob Diamond, and described the bonus culture in banking as 'obscene'. http://www.lse.co.uk/ShareNews.asp?shareprice=BARC&ArticleCode=me6d3ta5wrvdn32 Wed, 30 Jan 2013 16:15:19 GMT LONDON, Jan 30 (Reuters) - The former head of remuneration at British bank Barclays said she clashed with the board over the annual bonus of former boss Bob Diamond and said he was reluctant to accept that pay packages were high at the bank. http://www.lse.co.uk/ShareNews.asp?shareprice=BARC&ArticleCode=tubbral04k7ubnt Wed, 30 Jan 2013 15:33:51 GMT (The following statement was released by the rating agency) Jan 30 - Fitch Ratings has published a criteria report explaining its asset analysis of European public entities' covered bonds, incorporating the proposals detailed in 'Exposure Draft: Asset Analysis Criteria for Covered Bond http://www.lse.co.uk/ShareNews.asp?shareprice=BARC&ArticleCode=sgwwg3ywkac4m7p Wed, 30 Jan 2013 12:19:18 GMT (The following statement was released by the rating agency) Jan 30 - Fitch Ratings has published a criteria report explaining its asset analysis of European public entities' covered bonds, incorporating the proposals detailed in 'Exposure Draft: Asset Analysis Criteria for Covered Bond http://www.lse.co.uk/ShareNews.asp?shareprice=BARC&ArticleCode=r7of7khyhfvcijx Wed, 30 Jan 2013 12:11:29 GMT (The following statement was released by the rating agency) Jan 30 - Fitch Ratings has published a criteria report explaining its asset analysis of European public entities' covered bonds, incorporating the proposals detailed in 'Exposure Draft: Asset Analysis Criteria for Covered Bond http://www.lse.co.uk/ShareNews.asp?shareprice=BARC&ArticleCode=x5dbs1i4jg2tcaq Wed, 30 Jan 2013 12:00:01 GMT * FERC previously recommended almost $470 million in fines * Latest filing said bank failed to address alleged scheme http://www.lse.co.uk/ShareNews.asp?shareprice=BARC&ArticleCode=6szunr67vs67xkc Tue, 29 Jan 2013 22:26:05 GMT * Latest senior departure from Deutsche's commodity arm * Banks facing tougher regulations, lower revenues http://www.lse.co.uk/ShareNews.asp?shareprice=BARC&ArticleCode=5ladzhwamq9ghoc Tue, 29 Jan 2013 21:04:39 GMT (Adds shareholder comment, shares, reports on RBS, Barclays bonuses) Jan 29 (Reuters) - Royal Bank of Scotland Group saw 1.3 billion pounds ($2.1 billion) wiped off its value on Tuesday following a report that it could face criminal charges as part of an impending settlement over its r http://www.lse.co.uk/ShareNews.asp?shareprice=BARC&ArticleCode=184hfjpxsnjnfot Tue, 29 Jan 2013 19:25:50 GMT Jan 29 (Reuters) - The U.S. Federal Energy Regulatory Commission (FERC) correctly found that traders for Barclays Plc manipulated the California power market from late 2006 to 2008 and should pay a record $470 million in penalties, FERC staff said in a report. http://www.lse.co.uk/ShareNews.asp?shareprice=BARC&ArticleCode=zicpkjnugjal21f Tue, 29 Jan 2013 14:07:50 GMT Jan 29 (Reuters) - Barclays PLC: * UBS raises price target to 325p from 315p For a summary of rating actions and price target changes on European companies: http://www.lse.co.uk/ShareNews.asp?shareprice=BARC&ArticleCode=1m8y0mxvp7zqu7p Tue, 29 Jan 2013 08:40:49 GMT Jan 29 (Reuters) - Royal Bank of Scotland Group is close to a 500 million pounds ($785.32 million) settlement with U.S. and British authorities over claims that some of its employees submitted false Libor rates, the Wall Street Journal reported, citing people briefed on the negotiations. http://www.lse.co.uk/ShareNews.asp?shareprice=BARC&ArticleCode=fc7w6li7vizoj3f Tue, 29 Jan 2013 06:48:57 GMT LONDON, Jan 29 (Reuters) - Britain's financial ombudsman service is receiving up to 10,000 new complaints about mis-sold loan insurance each week, pointing to a further rise in the compensation bill for banks. http://www.lse.co.uk/ShareNews.asp?shareprice=BARC&ArticleCode=6neputqz4w6qbpf Tue, 29 Jan 2013 00:16:04 GMT By Ann Saphir SAN FRANCISCO, Jan 28 (Reuters) - A San Francisco County supervisor is calling for an investigation into possible losses to the city and county linked to a widely used interest-rate benchmark that regulators say was manipulated. http://www.lse.co.uk/ShareNews.asp?shareprice=BARC&ArticleCode=t6iunegir3e7p0h Tue, 29 Jan 2013 00:00:51 GMT By Ann Saphir SAN FRANCISCO, Jan 28 (Reuters) - A San Francisco County supervisor is calling for an investigation into possible losses to the city and county linked to a widely used interest-rate benchmark that regulators say was manipulated. http://www.lse.co.uk/ShareNews.asp?shareprice=BARC&ArticleCode=lvbdlomczac0c9b Mon, 28 Jan 2013 23:57:09 GMT By Ann Saphir SAN FRANCISCO, Jan 28 (Reuters) - A San Francisco County supervisor is calling for an investigation into possible losses to the city and county linked to a widely used interest-rate benchmark that regulators say was manipulated. http://www.lse.co.uk/ShareNews.asp?shareprice=BARC&ArticleCode=00q1qsfx3dakl8k Mon, 28 Jan 2013 23:37:42 GMT By Ann Saphir SAN FRANCISCO, Jan 28 (Reuters) - A San Francisco County supervisor is calling for an investigation into possible losses to the city and county linked to a widely used interest-rate benchmark that regulators say was manipulated. http://www.lse.co.uk/ShareNews.asp?shareprice=BARC&ArticleCode=tggs4ud3iqrpb6p Mon, 28 Jan 2013 23:27:39 GMT Jan 28 (Reuters) - : * Royal Bank of Scotland: Goldman Sachs cuts to sell from neutral; raises price target to 340p from 325p http://www.lse.co.uk/ShareNews.asp?shareprice=BARC&ArticleCode=hygahjzm91itvqe Mon, 28 Jan 2013 15:14:36 GMT LONDON, Jan 27 (Reuters) - Sunday Times BARCLAYS PLANS NEW CAPITAL RAISING Barclays, Britain's No.2 bank, is planning to raise http://www.lse.co.uk/ShareNews.asp?shareprice=BARC&ArticleCode=mlh5ah8nxe26oml Sun, 27 Jan 2013 16:49:36 GMT LONDON, Jan 26 (Reuters) - EasyJet Chairman Mike Rake will step down this summer, the budget airline said on Saturday, ending a fight by its founder and largest investor to oust him because of his expanding role as deputy chairman of Barclays. http://www.lse.co.uk/ShareNews.asp?shareprice=BARC&ArticleCode=i2tx8eh1bt6b0zf Sat, 26 Jan 2013 19:00:26 GMT Gracechurch Mortgage Financing PLC For the full text of this story please click the following link: http://www.lse.co.uk/ShareNews.asp?shareprice=BARC&ArticleCode=oy2rjvtr4kdb505 Fri, 25 Jan 2013 11:40:26 GMT LONDON, Jan 25 (Reuters) - British banks should simplify charges for overdrafts to help make the chequing account market more competitive by allowing people to decide easily who offered best value, Britain's consumer watchdog said. http://www.lse.co.uk/ShareNews.asp?shareprice=BARC&ArticleCode=otqp6bow10dm05l Fri, 25 Jan 2013 09:54:39 GMT By Jed Horowitz NEW YORK, Jan 24 (Reuters) - E*Trade Financial Corp , which last week named a new chief executive to help shed bad loans and return it to its online brokerage roots, reported a fourth-quarter 2012 loss on costs related to refinancing its debt. http://www.lse.co.uk/ShareNews.asp?shareprice=BARC&ArticleCode=ujruj58wz18eml6 Fri, 25 Jan 2013 01:22:55 GMT