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* RBS chairman Davies tells AGM banks can cope with bad loans* Crisis makes further state share sales soon unlikely - Davies* Bank remains 62% owned by taxpayers following 2008 bailout (Adds further quotes, context)By Iain Withers and Sinead Cruis...
Read more* Banks draw up plans for staff to return to offices* Access, seating, catering all face changes* Many staff to continue working from homeBy Scott Murdoch, Maya Nikolaeva and Matt ScuffhamHONG KONG/PARIS/LONDON April 29 (Reuters) - Face masks, tempe...
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LONDON MARKET CLOSE: Stocks Surge As Gilead Offers Renewed Virus Hope
Read more* FTSE 100 up 2.6%, FTSE 250 adds 3.3%* Banks surge on the back of StanChart, Barclays results* Soaring oil prices lift shares in BP, Shell* Gilead news boosts market sentiment globally (Updates with market closing)By Devik Jain and Sagarika Jaising...
Read more(Adds detail)By Lawrence WhiteLONDON, April 29 (Reuters) - The coronavirus pandemic could permanently change how many bankers make the daily trudge into tightly packed city centre offices, Barclays CEO Jes Staley said on Wednesday.The bank, which ...
Read moreBy Lawrence WhiteLONDON, April 29 (Reuters) - The coronavirus pandemic could permanently change how many bankers make the daily trudge into tightly packed city centre offices, Barclays CEO Jes Staley said on Wednesday."There will be a long term ad...
Read moreLONDON MARKET OPEN: StanChart, Barclays Top FTSE As Rally Continues
Read moreTOP NEWS: Barclays Quarter Hit By Credit Losses But Keeps Target
Read moreLONDON MARKET PRE-OPEN: Stockpiling Boosts Astra As Next's Sales Drop
Read more* Group income jumps by 20% as investment bank rallies* Bank sets aside 2.1 bln stg to cover loan losses* Sticks to longer-term returns targets* Pandemic will change how and where staff work- CEO (Adds shares, comment, details)By Lawrence White and ...
Read more* Group income jumps by 20% as investment bank rallies* Bank sets aside 2.1 bln stg to cover loan losses* Sticks to longer-term returns targets (Adds details, quote)By Lawrence White and Sinead CruiseLONDON, April 29 (Reuters) - Barclays set aside 2...
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(Sharecast News) - Barclays profit fell by more than a third in the first quarter as the bank set aside £2.1bn for bad debts during the Covid-19 crisis.
Read moreLONDON, April 29 (Reuters) - Barclays set aside 2.1 billion pounds ($2.62 billion) to cover a likely spike in loan losses as thousands of its corporate and consumer borrowers battle to cope with the financial fallout of the COVID-19 pandemic.The ...
Read more(Updates quote from Jenkins' lawyer)By Kirstin RidleyLONDON, April 28 (Reuters) - Roger Jenkins, a former feted Barclays rainmaker who was acquitted of fraud charges by a London jury two months ago, has now also been cleared of wrongdoing in a sep...
Read more(Adds FCA comment, details)By Kirstin RidleyLONDON, April 28 (Reuters) - Britain's Financial Conduct Authority (FCA) has closed a civil inquiry into former Barclays executive Roger Jenkins over how the bank secured billions of pounds of funding fr...
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