Barclays Share News (BARC)

Banks losing share in corporate currency business - report

LONDON, Jan 17 (Reuters) - Small and medium-sized British companies are increasingly looking outside banks for foreign exchange in search of better rates and services, a survey showed on Sunday. Research company East & Partners' survey of more than 2,200 UK firms with annual revenues of up

Banks give back China investment quotas as clients bypass the middlemen

* Banks return $800 mln in QFII quotas from April-Sept 2015 * Banks "rented quota" to clients without access to China * Clients can now use routes such as Stock Connect, own QFII * Banks' quota renting fees tumble from 200 to 20 basis points * Falling yuan adds currency co

Ex-Barclays, Citi FX traders sue for unfair dismissal in London

LONDON, Jan 13 (IFR) - Two former foreign exchange traders will this month sue their former employers Barclays and Citigroup for unfair dismissal at a London court. Former Barclays FX trader Jack Murray is suing the bank and is scheduled to appear at the East London employment tribunal on J

Bank of England plans to get tougher on rule-breaking banker bonuses

By Huw Jones LONDON, Jan 13 (Reuters) - The Bank of England has proposed a new rule for recovering bonuses of rule-busting bankers who have moved to a new employer. Britain already has among the world's toughest rules on banker pay, introduced amid public anger over lenders being bai

BROKER RATINGS SUMMARY: JPMorgan Gives Unilever Double Upgrade

Lloyds downgraded on Exane's bleak outlook for sector

(ShareCast News) - Exane BNP Paribas has downgraded Lloyds Banking Group from 'neutral' to 'underperform' and reiterated its 'underperform' rating for Barclays on a bleak operational outlook for UK banks. In a note to investors on Wednesday, it said comments from the Department for Business, Innovat

UPDATE 3-Six bankers charged, five absent as UK begins first Euribor rigging case

* One woman and five men appear in court * Four Germans, one Frenchman fail to attend the hearing * Accused are former Deutsche Bank, Barclays and SocGen employees (Adds SFO comment on formal request for court attendance, paragraph 10) By Kirstin Ridley LONDON, Jan 11 (R

REFILE-UPDATE 2-Six bankers charged, five absent as UK begins first Euribor rigging case

(Fixes spelling of Societe Generale in second paragraph) * One woman and five men appear in court * Four Germans, one Frenchman fail to attend the hearing * Accused are former Deutsche Bank, Barclays and SocGen employees By Kirstin Ridley LONDON, Jan 11 (Reuters) - S

UPDATE 2-Six bankers charged, five absent as UK begins first Euribor rigging case

* One woman and five men appear in court * Four Germans, one Frenchman fail to attend the hearing * Accused are former Deutsche Bank, Barclays and SocGen employees (Adds Societe General declining to comment) By Kirstin Ridley LONDON, Jan 11 (Reuters) - Six bankers were f

REFILE-UPDATE 1-Six bankers charged, five absent as UK begins Euribor rigging case

(Fixes typo in spelling of Deutsche Bank in paragraph 2) * One woman and five men appear in court * Four Germans, one Frenchman fail to attend the hearing * Accused are former Deutsche Bank, Barclays and SocGen employees By Kirstin Ridley LONDON, Jan 11 (Reuters) - S

UPDATE 1-Six bankers charged, five absent as UK begins Euribor rigging case

* One woman and five men appear in court * Four Germans, one Frenchman fail to attend the hearing * Accused are former Deutsche Bank, Barclays and SocGen employees (Recasts, adds details) By Kirstin Ridley LONDON, Jan 11 (Reuters) - Six bankers were formally charged in B

Britain begins first Euribor rate-rigging case

* One woman and 10 men to be charged formally * Accused are former Deutsche Bank, Barclays and SocGen employees By Kirstin Ridley LONDON, Jan 11 (Reuters) - Eleven former Deutsche Bank , Barclays and Societe Generale employees are due on Monday to become the first people charge

RPT-ICBC Standard Bank buys Deutsche's London bullion vault - sources

(Repeats to attach to alert with no changes to text) * ICBC Standard Bank growing bullion footprint * Chinese-South African lender looking to become bullion clearer By Clara Denina LONDON, Jan 8 (Reuters) - ICBC Standard Bank is buying the lease on Deutsche Bank's London g

UK fraud prosecutor needs "urgent" fresh cash as top cases mount

LONDON, Jan 7 (Reuters) - The UK's Serious Fraud Office has asked the government for an extra 21.14 million pounds ($30.9 million) to meet urgent cash needs as it pursues some of its most complex investigations, such as an inquiry into alleged financial benchmark rigging. The SFO, which inv

Canadian M&A activity soars on surge in outbound deal flow

By Euan Rocha and John Tilak TORONTO, Jan 7 (Reuters) - A slew of major bets outside Canada by some of the country's top pension funds, banks, investment management firms and insurers propelled Canadian deal activity to its second-highest level ever in 2015. Thomson Reuters data relea