Barclays Share News (BARC)

Sector movers: Volatility and rise in bond yields proves boon for banks

(ShareCast News) - Banks paced gains as yields on longer-term government bonds continued to move higher on both sides of the Pond. In parallel, the odds of a 25 basis point rate hike by the US Federal Reserve at its 14 December policy meeting moved up to 78.5%, according to the CME´s Fed Watch tool.

Deutsche Bank lags Wall Street in bond trading comeback

* Bond trading revenue up 14 pct * Wall Street average bond trading revenue up 49 pct * Ongoing restructuring of investment bank By Anjuli Davies FRANKFURT, Oct 27 (Reuters) - Deutsche Bank benefited from the rising tide in bond trading in the third quarter of 2016, but a

GLOBAL MARKETS-European banks reassure on earnings, dollar holds near highs

(Adds U.S. open, updates prices) By Vikram Subhedar LONDON, Oct 27 (Reuters) - Reassuring results from some of Europe's biggest banks gave the region's beaten-down financials a boost on Thursday and helped offset weakness in industrial and tech stocks, while higher bond yields continu

Barclays says grabs IB market share in strong Q3

By Steve Slater LONDON, Oct 27 (IFR) - Barclays said its investment bank took market share from rivals in the third quarter, helping the UK bank post revenue gains in fixed income, equities, advisory and underwriting. It followed US rivals in reporting strong revenues in debt trading,

UPDATE 3-Deutsche Bank warns of tough times ahead due to U.S. fine

* Cryan tells staff will redouble revamp efforts * Bank makes profit in Q3 but lags rivals * CEO cautions situation will stay difficult * Litigation reserves rise to 5.9 billion, non-RMBS related (Adds quotes from CEO, investor, analysts) By Arno Schuetze and Anjuli Davi

Britain's FTSE retreats, though robust results boost Barclays

(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 down 0.2 pct * Barlcays top gainer after results * Though Amec Foster Wheeler, Berendsen weigh on midcaps By Kit

UPDATE 2-Barclays produces bumper profits on bond trading boom

* Takes further 600 mln stg PPI charge * Credit impairment up 42 pct on model change * CET1 unchanged at 11.6 pct * Shares up 1.5 pct by 0847 GMT (Updates shares, adds CEO quote) By Lawrence White LONDON, Oct 27 (Reuters) - Barclays on Thursday reported a forecast-

European shares helped by pharma stocks, reassuring Deutsche update

GLOBAL MARKETS-European shares up as banks reassure, dollar holds near highs

By Vikram Subhedar LONDON, Oct 27 (Reuters) - Reassuring results from some of Europe's biggest banks gave financials a boost on Thursday and helped offset weakness in oil-related stocks, while higher bond yields underpinned the dollar. As corporate earnings continued to dominate headl

Barclays posts rise in third-quarter profit

(ShareCast News) - Barclays reported a rise in third-quarter pre-tax profit as it benefited form a strong performance in its fixed trading division. Pre-tax profit for the third quarter was up 35% from the same period a year ago to £837m as revenue from the fixed income division surged 40% to £947m.

Barclays posts bumper Q3 pretax profits on bond-trading boom

LONDON, Oct 27 (Reuters) - Barclays reported a forecast-beating bounce in third quarter profits to 1.7 billion pounds ($2.08 billion) on Thursday, as it followed U.S. peers in reporting a bumper quarter for its investment banking business. The British bank's group pretax profits for the thr

UPDATE 1-Barclays, UBS settle with bondholders over Libor manipulation

(Adds details from complaint, comments, other Libor litigation, case citations, bylines) By Jonathan Stempel NEW YORK, Oct 26 (Reuters) - Barclays Plc and UBS AG have agreed to settle U.S. litigation by bondholders who accused the banks of conspiring with rivals to rig the Libor bench

UPDATE 1-BoE's Woods says no let up in bank regulation due to Brexit

(Adds detail, background) LONDON, Oct 26 (Reuters) - Banks in Britain won't face a new wave of rules, nor will there be a respite from implementing the revolution already agreed, the country's top banking regulator said on Wednesday. Britain's vote to leave the European Union, source

Barclays, UBS settle with bondholders over Libor manipulation

NEW YORK, Oct 26 (Reuters) - Barclays Plc and UBS AG have agreed to settle U.S. litigation by bondholders who accused the banks of conspiring with rivals to rig the Libor benchmark interest rate, lawyers for the plaintiffs said in Wednesday court filings. Terms were not disclosed, and both

Barclays upgrades U.S. Q3 GDP growth view to 3.0 pct

NEW YORK, Oct 26 (Reuters) - Barclays economists on Wednesday raised their growth estimate on U.S. gross domestic product in the third quarter to a 3.0 percent annualized rate from 2.6 percent following the government's release of an advance report on September trade and wholesale inventories.Read more