Barclays Share News (BARC)

Class action suit against Barclays alleges forex rigging losses

By Suzanne Barlyn Nov 27 (Reuters) - A New York-based investment adviser filed a class action lawsuit against Barclays Plc on Friday alleging that rigged foreign exchange trading practices at the bank caused "significant damages" to its trading partners. The suit by Axiom Investment A

Barclays new CEO faces stress test on first day

* Ex-JPMorgan banker Staley becomes Barclays CEO on Dec. 1 * Bank of England releases "stress test" results same morning * Staley's tasks: cut costs, fix investment bank, ring-fence plan * Latest fine shows Barclays still clearing up from past misdeeds By Steve Slater and

UPDATE 3-Barclays fined for lax crime checks in 'deal of century'

* Fine relates to 1.9 bln stg transaction for rich clients * FCA declines to name clients involved in transaction * Bank kept documents in safe to avoid electronic storage * Seventh significant fine from UK watchdog in 6 years (Adds details) By Steve Slater and Huw Jones

Private equity goes bargain-hunting in Norwegian oil sector

* Investors see value in Norwegian oil fields * Many assets available thanks to tumbling oil prices * Buyers stand to benefit if oil prices rebound By Stine Jacobsen and Gwladys Fouche STAVANGER/OSLO, Norway, Nov 26 (Reuters) - Private equity investors are buying up assets

UPDATE 2-Barclays fined for lax crime checks in 'deal of century'

* Fine relates to 1.9 bln stg transaction for rich clients * FCA declines to name clients involved in transaction * Latest in string of conduct problems for British bank * Barclays shares up 1.1 pct (Adds details, background) By Huw Jones and Steve Slater LONDON, N

UPDATE 1-UK watchdog fines Barclays for cutting corners on financial crime checks

* Relates to 1.9 bln stg transaction for wealthy clients * FCA declines to name clients involved in transaction (Adds more detail) LONDON, Nov 26 (Reuters) - Britain's markets watchdog said on Thursday it had fined Barclays 72 million pounds ($109 million) for cutting corners on che

Barclays Fined Over "Poor Handling" Of Financial Crime Risks

UK watchdog fines Barclays for failing to minimise financial crime risks

LONDON, Nov 26 (Reuters) - Britain's markets watchdog said on Thursday it has fined Barclays 72 million pounds ($108.6 million) for failing to minimise the risk that it might be used to aid financial crime. The Financial Conduct Authority said the failings relate to a 1.88 billion pound tra

PRESS: Big Banks Accused Of Monopolising Interest Rate-Swap Market

UPDATE 1-Big banks accused of interest rate-swap fixing in U.S. class action suit

(Adds banks declining or unavailable to comment) By Mike Kentz NEW YORK, Nov 25 (IFR/Reuters) - A class action lawsuit, filed Wednesday, accuses 10 of Wall Street's biggest banks and two trading platforms of conspiring to limit competition in the $320 trillion market for interest rate

CORRECTED-Big banks accused of interest rate-swap fixing in class action suit

(Corrects 11th paragraph to show that Tradeweb is majority owned by Thomson Reuters, not 40 percent owned) By Mike Kentz NEW YORK, Nov 25 (IFR/Reuters) - A class action lawsuit, filed Wednesday, accuses 10 of Wall Street's biggest banks and two trading platforms of conspiring to limit

Big banks accused of interest rate-swap fixing in class action suit

By Mike Kentz NEW YORK, Nov 25 (IFR/Reuters) - A class action lawsuit, filed Wednesday, accuses 10 of Wall Street's biggest banks and two trading platforms of conspiring to limit competition in the US$320 trillion market for interest rate swaps. The class action lawsuit, filed in U.S.

Barclays settles with U.S. investors over Libor manipulation

By Jonathan Stempel NEW YORK, Nov 25 (Reuters) - Barclays Plc has agreed to pay $14 million to settle litigation by holders of its American depositary shares that it conspired with rivals to rig the Libor benchmark interest rate, causing its share price to be inflated. The preliminary

CORRECTED-(OFFICIAL)-Bad loans at Europe's banks still double U.S. level -regulator

(In NOV 24 story EBA corrects capital figure to 12 percent from 11.8 percent, paragraph 16) By Steve Slater and Huw Jones LONDON, Nov 24 (Reuters) - The scale of bad loans held by banks in the European Union is "a major concern" and more than double the level in the United States, des

World's banks may halve jobs and branches within 10 years - Barclays ex-boss

By Steve Slater LONDON, Nov 24 (Reuters) - Banks across the world may cut up to half their jobs and branches in the next 10 years as they fight to stay relevant and profitable in the face of sweeping technological change, the former head of British bank Barclays said on Tuesday. "The