Barclays Share News (BARC)

Investment banks' trading revenue declined 9 pct in 2015 - survey

* FICC revenue at 12 top banks $69.9 bln last year - Coalition * Compares with $109.1 billion five years before * Commodities revenues drop 18 percent * Equity business is rare bright spot, revs up 10 pct to $50 bln By Anjuli Davies LONDON, Feb 22 (Reuters) - Revenue

Barclays says investment banking chief Tom King to retire

LONDON, Feb 19 (Reuters) - Barclays said on Friday the head of its investment bank Tom King would retire on March 4, confirming media reports earlier this month. The British lender is shrinking its investment banking business as new chief executive Jes Staley tries to improve profitability

RPT-INSIGHT-Big banks see the need to shrink - but face a path full of obstacles

(Repeating story sent earlier to additional subscribers) By Olivia Oran and Anjuli Davies NEW YORK/LONDON, Feb 19 (Reuters) - When the U.S. Federal Reserve's newest policymaker Neel Kashkari dropped a bombshell with a call to break up big banks on Tuesday, it was met with a predictabl

Worldwide M&A activity falls 23 pct, but U.S. has a flurry

By Anjuli Davies LONDON, Feb 19 (Reuters) - Worldwide mergers and acquisitions deals have fallen 23 percent to $336 billion so far this year compared with last year, but cross-border activity by amount targeting U.S.-based companies reached a record high, Thomson Reuters data shows. A

INSIGHT-Big banks see the need to shrink - but face a path full of obstacles

By Olivia Oran and Anjuli Davies NEW YORK/LONDON, Feb 19 (Reuters) - When the U.S. Federal Reserve's newest policymaker Neel Kashkari dropped a bombshell with a call to break up big banks on Tuesday, it was met with a predictably indignant response from their lobbyists. One described his co

UPDATE 1-Barclays to pay $50 million to end US currency rigging lawsuit

(Adds comment from plaintiff's lawyer, litigation against other banks, Deutsche Bank lawsuit and comment) By Jonathan Stempel NEW YORK, Feb 18 (Reuters) - Barclays Plc agreed to pay $50 million to settle a U.S. lawsuit claiming it rigged its foreign exchange trading system to reject c

Barclays to pay $50 million to end US currency rigging lawsuit

By Jonathan Stempel NEW YORK, Feb 18 (Reuters) - Barclays Plc agreed to pay $50 million to settle a U.S. lawsuit claiming it rigged its foreign exchange trading system to reject client orders that would be unprofitable for the British bank. The preliminary, all-cash settlement with in

Banks build ETF businesses as growth stalls in bond trading

By Olivia Oran and Trevor Hunnicutt Feb 18 (Reuters) - Wall Street banks are ramping up businesses that trade exchange-traded funds full of bonds, a bright spot of growth at an otherwise bleak time for trading but one that may carry unappreciated risk. Barclays PLC, Credit Suisse Grou

European banks' risky oil loans make investors edgy

* Slumping oil price may trigger losses, erode capital * Large repayment milestones a few quarters away * ING, StanChart, French lenders seen most at risk By Danilo Masoni and Alistair Smout MILAN/LONDON, Feb 17 (Reuters) - Investors are growing increasingly anxious about

PRESS: Barclays Investment Bank Boss Planning To Retire - Bloomberg

BROKER RATINGS SUMMARY: Goldman Sachs Reinitiates Shell With Buy

LONDON MARKET CLOSE: Commodity Stocks, Banks And Rolls Push Shares Up

LONDON MARKET MIDDAY: Shares Rebound As Rolls Relief Helps Sentiment

PRESS: DBS And OCBC Bid For Barclays Asia Wealth Unit - Bloomberg

Britain's debt agency appoints syndicate for new 2065 linker sale

LONDON, Feb 12 (Reuters) - Britain's Debt Management Office said on Friday it had appointed a syndicate of banks for the launch of a new index-linked gilt maturing in 2065. Barclays, Citigroup, Goldman Sachs and RBS will manage the sale, it said. The debt agency said it expects the sa