Barclays Share News (BARC)

Barclays cuts shares awarded to top executives to $12 mln

LONDON, March 15 (Reuters) - Barclays almost halved the value of shares awarded to its top executives this year due to a share price fall, handing them stock worth 8.7 million pounds ($12 million) compared with 16.4 million pounds a year earlier. New Barclays chief executive Jes Staley got

UPDATE 1-U.S. banks make cool technology, realize it can be sold

(Adds line to say Thomson Reuters is parent company of Reuters) By Olivia Oran March 15 (Reuters) - Big Wall Street banks, after spending massive amounts of money and time to get their old, creaking systems in better shape, are now trying to sell technology they've developed in-house

U.S. banks make cool technology, realize it can be sold

By Olivia Oran March 15 (Reuters) - Big Wall Street banks, after spending massive amounts of money and time to get their old, creaking systems in better shape, are now trying to sell technology they've developed in-house to other companies. U.S. banks including Goldman Sachs Group Inc

Barclays pares U.S. Q1 GDP view to 1.9 pct

NEW YORK, March 15 (Reuters) - Barclays economists on Tuesday reduced their outlook on U.S. economic growth in the first quarter following a disappointing report on domestic retail sales in February which included sharp downward revisions on January's figures. They downgraded their outlook

BROKER RATINGS SUMMARY: Macquarie And Morgan Stanley Downgrade Miners

More hard pruning on cards for investment banks, study says

LONDON, March 14 (IFR) - Investment banks still have considerable hard pruning to do, especially those in Europe, to cope with falling revenues and to improve returns, according to a study published on Monday. "Our base case sees revenues down about 10% in 2016, putting ever greater pressur

UPDATE: Barclays Hires Former Capital One Boss To Lead Barclaycard UK

TIMELINE-US court denies Barclays appeal in power manipulation case

March 14 - The U.S. Court of Appeals for the Ninth Circuit last week denied an appeal by Barclays Plc in part because the district court's order was not a final decision. The U.S. Federal Energy Regulatory Commission in 2012 alleged Barclays and its traders manipulated the power market in C

Former Capital One Financial Boss To Lead Barclaycard UK

LONDON MARKET CLOSE: Stocks Take Back Post-ECB Drop But End Week Down

Italy court makes acquittal final in UniCredit tax fraud case-source

MILAN, March 11 (Reuters) - Italy's top appeals court has rejected an attempt to overthrow a verdict that last year acquitted former UniCredit head Alessandro Profumo and 19 other bank managers in an alleged tax fraud case at the Italian lender, a judicial source said. The case centred on a

LONDON MARKET MIDDAY: Old Mutual Misses Out As Financial Stocks Rally

WINNERS & LOSERS SUMMARY: Old Mutual Slips Back As Break Up Confirmed

BUZZ-European banks rally after ECB rate cut

** European banking sector best performers in Europe, up 3.3 pct, a day after the European Central Bank cut rates ** ECB also said it would expand its asset buying program to 80 bln euro per month from 60 bln euro per month ** Shares rose on Thursday after ECB announced cuts, but reve

FTSE 100 movers: Aviva leads as it beats expectations

(ShareCast News) - The FTSE 100 was trading in the red on Thursday afternoon, as the markets were left to digest surprise stimulus moves from the European Central Bank. Aviva was leading the risers, after it beat forecasts with a 20% operating profit increase. The insurer also reported a solvency ca