Barclays Share News (BARC)

MOVES-Credit Suisse hires new EMEA oil and gas head from Barclays

By Anjuli Davies LONDON, Jan 4 (Reuters) - Swiss bank Credit Suisse has hired James Peterkin, from Britain's Barclays, to head its oil and gas team in Europe, the Middle East and Africa (EMEA), according to a memo seen by Reuters on Monday. Peterkin, who has been co-head of EMEA oil

UPDATE 1-Barclays to shut Indian equities in costs drive -sources

* Barclays India equities business employs about two dozen people * Final decision on shutting down business expected by Jan end (Adds details on India plans, Barclays cost cut context) By Sumeet Chatterjee MUMBAI, Jan 4 (Reuters) - Barclays Plc is to close its Indian equities

Barclays Bank Offers To Buy EUR4 Billion In Loan Notes For Cash

Barclays plans to shut India equities business - sources

MUMBAI, Jan 4 (Reuters) - Barclays Plc plans to shut its India equities business as part of the British bank's efforts to slash costs and boost profit, two sources with direct knowledge of the development said on Monday. Barclays equities business in India, which was rolled out in 2011, inc

UPDATE 1-Britain's banking regulator ditches review of industry culture

(Adds quote, writes through) LONDON, Dec 31 (Reuters) - A public review of Britain's banking culture has been scrapped just months after it was announced, with the UK regulator saying on Thursday it had opted instead to work with lenders individually to address any concerns. The move

Britain's banking regulator ditches review of industry culture

LONDON, Dec 31 (Reuters) - A public review of Britain's banking culture has been scrapped just months after it was announced, with the UK regulator saying on Thursday it had opted instead to work with lenders individually to address any concerns. The move will likely add to the public perce

US Fines Barclays USD13.75 Million Over Mutual Fund Failures

UPDATE 1-Barclays in $13.75 mln U.S. settlement over mutual funds

* FINRA says retail brokerage customers were harmed * Thousands not warned about transaction costs - regulator * No admission of wrongdoing (Adds details of allegations, comment, byline) By Jonathan Stempel Dec 29 (Reuters) - Barclays Plc will pay more than $13.75 millio

Barclays in $13.75 mln U.S. settlement over mutual funds

Dec 29 (Reuters) - Barclays Plc will pay more than $13.75 million to settle a U.S. regulator's charges that it allowed customers to make more than 6,100 unsuitable mutual fund switches, and failed to provide some customers discounts on large fund transactions. The Financial Industry Regulat

UPDATE 1-UK sees fastest growth in consumer lending since 2007

(Recasts, adds details and comments from economist) LONDON, Dec 24 (Reuters) - Lending by British banks to consumers grew last month at its fastest rate in more than eight years, the British Bankers' Association said on Thursday, figures which are likely to catch the attention of the Bank o

Zimbabwe gives foreign firms March deadline for empowerment plans

* Foreign firms to submit empowerment plans by March * Government will not pay for shares in mines HARARE, Dec 24 (Reuters) - Zimbabwe's finance minister on Thursday gave foreign-owned firms operating in the country, including mines and banks, a March 2016 deadline to submit plans on

AIB offers Euro 2016 loan for Irish fans as banks get personal

* AIB targets Irish soccer fans with loan offer * Shows drive to sell more personal loans among Irish banks * Critics sound alarm after bank bailout By Padraic Halpin and Sinead Cruise DUBLIN/LONDON, Dec 23 (Reuters) - Renowned for their fervent support, Irish soccer fans

RPT-European banks poised for job cuts in 2016 profit drive

(Repeats Monday story without change) * Europe's 10 biggest banks announced 130,000 job cuts since June * Investors expect lenders to cut further, faster * Retail, investment banking likely to be hit hardest * Technology changes mean many jobs gone for good By Anjuli

RPT-European banks poised for job cuts in 2016 profit drive

(Repeats Monday story without change) * Europe's 10 biggest banks announced 130,000 job cuts since June * Investors expect lenders to cut further, faster * Retail, investment banking likely to be hit hardest * Technology changes mean many jobs gone for good By Anjuli

UPDATE 2-UK's Serious Fraud Office to charge 11 over Euribor-rigging

(Adds comment from Societe Generale) By Carolyn Cohn LONDON, Dec 21 (Reuters) - Britain's Serious Fraud office said on Monday it would next month charge 11 individuals accused of rigging the Euribor interest benchmark with conspiracy to defraud. In the latest phase of a global i