Barclays Share News (BARC)

Britain's banks to work as normal despite Brexit -BBA chief

LONDON, June 24 (Reuters) - There will be no disruption to banking services in Britain despite market turmoil caused by the country's historic vote to leave the EU, the chief executive of the British Bankers Association said on Friday. "Customers should rest assured their banking services w

Goldman Sachs, Barclays, HSBC downplay Brexit threat

LONDON, June 24 (Reuters) - Some of the world's largest banks have sought to play down fears of a catastophic hit to Britain's banking sector after the country voted to leave the European Union on Friday. Goldman Sachs CEO Lloyd Blankfein said the Wall Street bank, a big donor to the defeat

Transatlantic Barclays "Will Not Break Our Stride" After Brexit Vote

Bank of England in "close contact" with banks after vote for Brexit

LONDON, June 24 (Reuters) - The Bank of England's supervisory arm is in contact with banks ahead of the market open after Britain voted to leave the European Union, a source familiar with the situation said on Friday. World financial markets dived as nearly complete results showed a 51.8/48

US dollar bonds tighten as Britain votes

By Will Caiger-Smith NEW YORK, June 23 (IFR) - US credit markets rallied Thursday, led by UK banks, as Britain voted on whether to remain in the European Union. The IG CDX 26 index was 2.95bp tighter at 75.85bp, according to Tradeweb. Stocks were also sharply higher with the Dow Jones

Barclays tells clients it will not take new FX stop-loss orders

(ShareCast News) - Barclays reportedly stopped accepting new so-called 'stop-loss' orders from its clients dealing in foreign exchange markets. Observers believed the move was motivated both by a desire to limit its own exposure to the potential fall-out from the EU referendum as well as the need to

Visa windfall gives European banks Q2 boost

By Steve Slater LONDON, June 22 (IFR) - Dozens of European banks will book hefty windfalls in the second quarter from the sale of their stakes in Visa Europe, after Visa Inc this week completed the purchase of its sister card payments firm. Barclays is set to be the biggest beneficiar

U.S.-based fund managers eye British homebuilders, banks before Brexit vote

By David Randall NEW YORK, June 22 (Reuters) - Market volatility heading into Thursday's British vote on whether to remain in the European Union is creating opportunities to buy homebuilders, banks and consumer companies linked to the domestic economy in Britain, contrarian fund managers fr

SocGen outlines post-referendum trade ideas

(ShareCast News) - Remain is the central scenario in Societe Generale's equity allocation model and the FTSE 100 is one of its preferred indices, the bank said as it outlined its equity trade ideas for both outcomes. In the event of a Brexit, SocGen expects that on 24 June and the following days, th

UPDATE 1-Wall Street banks remain top choice for new MBAs - survey

(Adds survey methodology) By Olivia Oran June 21 (Reuters) - Wall Street banks remain the employers of choice for new business school graduates, despite competition for talent from Silicon Valley, hedge funds and private equity firms, according to a study released on Tuesday. Mo

Wall Street banks remain top choice for new MBAs- survey

By Olivia Oran June 21 (Reuters) - Wall Street banks remain the employers of choice for new business school graduates, despite competition for talent from Silicon Valley, hedge funds and private equity firms, according to a study released on Tuesday. More than a quarter of those surve

HSBC's record-low British mortgage rate sparks risky lending concerns

LONDON, June 21 (Reuters) - HSBC has launched what is thought to be Britain's lowest-ever mortgage deal with an interest rate of less than 1 percent, raising concerns of a return to riskier lending practices to try to boost flagging profits. Europe's largest bank is offering customers the c

MOVES-JPMorgan promotes Lori Beer to key information post

NEW YORK, June 20 (Reuters) - JPMorgan Chase & Co has promoted Lori Beer to chief information officer for corporate and investment banking, replacing Mark Ashton-Rigby who left recently for Barclays. Beer has been the company's chief information officer for banking since 2014, according to

FTSE ends 3 pct higher as 'Remain' camp in Britain's EU referendum regains ground

(ADVISORY- Follow European and UK stock markets in real time on the Reuters Live Markets blog on Eikon, see cpurl://apps.cp./cms/?pageId=livemarkets) * Blue-chip FTSE 100 index closes 3 pct higher * Banks, housebuilders among top gainers * Circassia Pharmaceuticals slimps on fai

London jury considers verdict in Barclays Libor trial

By Kirstin Ridley LONDON, June 20 (Reuters) - The jury in the London trial of five former Barclays traders charged with conspiracy to manipulate global Libor interest rates retired to consider its verdict on Monday after hearing more than 10 weeks of evidence. Stylianos Contogoulas, J