Barclays Share News (BARC)

Britain's FTSE touches fresh record high as sterling slides

(ADVISORY- Follow European and UK stock markets in real time on the Reuters Live Markets blog on Eikon, see cpurl://apps.cp./cms/?pageId=livemarkets) * FTSE 100 flat * RBS, Barclays under pressure * Mining firms rally By Kit Rees LONDON, Jan 16 (Reuters) - Britain's

LONDON MARKET OPEN: FTSE 100 Up On Weak Pound As FTSE 250 Suffers

Macquarie reiterates Lloyds as top-pick, downgrades Barclays

(ShareCast News) - Looking out to 2017, analysts at Macquarie retained their "bullish" stance on European banks, arguing that multiples in the sector were not "stretched", earnings were likely to recover further and consensus expectations were undemanding. However, their bias was for retail/commerci

UPDATE 2-South Africa examines Barclays Africa over apartheid-era bailout

* Absa, unit of Barclays Africa, may have to pay $166 mln * Anti-graft body awaits submissions before ending probe * Absa says report factually & legally inaccurate * More apartheid-era finances may be investigated (Recasts with Barclays Africa, adds details) By Nqobile

UPDATE 1-Britain's finance industry scales back EU market access demands

* UK finance industry prepared to settle for limited EU trade deal * Sees scope for mutual access to UK and EU markets * Reality dawns that full passporting rights likely to go (Adds Hodson quotes, second report) By Andrew MacAskill and Huw Jones LONDON, Jan 12 (Reuters)

Britain's finance industry drops demands for passporting after Brexit

By Andrew MacAskill and Huw Jones LONDON, Jan 12 (Reuters) - Britain's finance industry has given up on efforts to keep full access to the European Union after Brexit and is pushing instead for a more limited trade deal that would potentially exclude some financial products. Banks, in

UPDATE 1-Ex-Barclays employee gets prison term for insider trading scheme

(Adds further details on case) By Nate Raymond NEW YORK, Jan 11 (Reuters) - A former director at Barclays Plc was sentenced on Wednesday to five months in a U.S. prison for repeatedly passing tips about mergers under way at the bank to a plumber, who made thousands of dollars trading

Ex-Barclays employee gets prison for insider trading scheme with plumber

NEW YORK, Jan 11 (Reuters) - A former director at Barclays Plc was sentenced on Wednesday to five months in a U.S. prison for repeatedly tipping off a friend who worked as a plumber to impending mergers underway at the bank so that the friend could engage in insider trading. Steven McClatch

UK banks' share of corporate currency business dips

By Patrick Graham LONDON, Jan 11 (Reuters) - The share of Britain's biggest banks in the market supplying UK companies' daily foreign currency needs fell for a second year running in 2016 as firms made more use of new trading platforms and brokers, an industry report showed on Wednesday.Read more

UPDATE 4-U.S. charges three traders in forex rigging probe

(Adds details on OCC case) By Nate Raymond NEW YORK, Jan 10 (Reuters) - The U.S. Justice Department on Tuesday brought charges against three former traders at JPMorgan Chase & Co, Citigroup Inc and Barclays Plc arising from a global probe into the manipulation of foreign exchange rat

Brexit could put tens of thousands finance jobs at risk - executives

* Clearing customers could leave if no clear Brexit path * Clearing, ancillary services jobs at risk * Existing rules should stay in place until 2022 - Rolet By Huw Jones and Andrew MacAskill LONDON, Jan 10 (Reuters) - Tens of thousands of jobs in Britain's financial servi

U.S. to charge 3 traders in forex rigging probe -source

NEW YORK, Jan 10 (Reuters) - The U.S. Justice Department is set to bring charges on Tuesday against three ex-traders at JPMorgan Chase & Co, Citigroup Inc and Barclays Plc arising from a probe into the manipulation of foreign-exchange prices at major banks, a person familiar with the matter said

Tuesday broker round-up

(ShareCast News) - Tullow Oil: UBS reiterates neutral with a target price of 260p. BT Group: Barclays reiterates overweight, 525p target. B&M European: Deutsche Bank reiterates buy with a 330p target. BP: HSBC reiterates buy with a 590p target. Royal Dutch Shell: Barclays keeps at overweight with

London banks' Brexit battle heads to Europe

* Lobbying effort shifts to the continent * Banks have spent months bombarding British govt * New push will focus on French officials, EU's Barnier By Andrew MacAskill and Anjuli Davies LONDON, Jan 10 (Reuters) - Banks with large London operations say they will step up lob

DTCC to rebuild credit default swaps processing platform with blockchain

By Anna Irrera NEW YORK, Jan 9 (Reuters) - Post-trade provider the Depository Trust & Clearing Corporation (DTCC) will use blockchain technology this year to rebuild its platform that processes $11 trillion worth of credit default swaps, as Wall Street intensifies efforts to take advantage