Barclays Share News (BARC)

UK banks get capital relief

* Bank of England relaxes countercyclical buffer * Possible delay to MREL implementation timeline By Alice Gledhill LONDON, July 8 (IFR) - UK lenders were given some breathing room this week when the Bank of England said it was loosening up some of their capital requirements, th

BROKER RATINGS SUMMARY: Property Stocks Continue To Receive Downgrades

MOVES-Barclays hires new executive M&A chairman Whittemore

(Adds previous hiring of David Levin) July 7 (Reuters) - Tony Whittemore, a former senior banker at Deutsche Bank, is joining Barclays as executive chairman of mergers and acquisitions (M&A) in New York starting on Thursday, the London-based bank said in an internal memo. Whittemore w

MOVES-Barclays hires new executive M&A chairman Whittemore

July 7 (Reuters) - Tony Whittemore, a former senior banker at Deutsche Bank, is joining Barclays as executive chairman of mergers and acquisitions (M&A) in New York starting on Thursday, the London-based bank said in an internal memo. Whittemore was most recently co-head of Americas M&A at

London close: Banks, financials and property fly amid BoE rate-cut chatter

(ShareCast News) - UK shares flew north with Associated British Foods leading blue chips on a chipper update and chased by a peloton of banking, financial and property stocks on rising expectations of a Bank of England rate-cut next week. "Today marks the first day since the (non-binding Brexit) ref

UPDATE 2-Ex-Barclays traders sentenced to up to 6-1/2 years for Libor rigging

* Former Barclays trader Merchant gets longest sentence * Three others get 33 months to four years * High-profile, 11-week trial ends London's third Libor case (Adds judge's comments, details) By Kirstin Ridley LONDON, July 7 (Reuters) - Four former Barclays bankers wer

UK banks spared downgrades by S&P in mass outlook cull

LONDON, July 7 (Reuters) - Standard & Poor's carried out a mass-cull of British bank rating outlooks on Thursday in the wake of the country's vote to end its membership of the European Union, but stopped short of downgrading them despite its brutal cut of Britain's sovereign rating. The cou

WINNERS & LOSERS SUMMARY: AB Foods And Sports Direct Up But M&S Down

Ex-Lehman trader loses bid for $83 mln 'windfall' bonus -judge

By Jonathan Stempel NEW YORK, July 6 (Reuters) - A federal judge on Wednesday said a former star Lehman Brothers Holdings Inc trader was not entitled to an $83 million bonus he claimed he was owed following the investment bank's 2008 collapse, on top of a similar sum that Barclays Plc alrea

UPDATE 2-Britain's SFO seeks new Libor trial of two former Barclays traders

(Adds comment from lawyer representing Ryan Reich) By Kirstin Ridley LONDON, July 6 (Reuters) - Britain's Serious Fraud Office said on Wednesday it would seek the retrial of two former Barclays traders after a London jury was unable to reach a verdict on whether they had been part of

Morgan Stanley queries real-economy demand for lending amid Brexit

(ShareCast News) - Investment bank Morgan Stanley has questioned whether there will be real-economy demand to borrow from banks given Brexit-induced uncertainty, regardless of Bank of England's recent bid to stoke such lending. As such, Morgan Stanley, which has taken a cautious post-Brexit stance o

CFTC fines Barclays $560,000 for inaccurate swaps position reports

July 6 (Reuters) - The U.S. Commodity Futures Trading Commission ordered Barclays Plc to pay $560,000 on Wednesday, saying the bank failed to submit accurate reports on large traders' positions for physical commodities swaps. The CFTC found that between July 2012 and March 2013, Barclays su

UK's SFO seeks retrial of two former Barclays Libor traders

LONDON, July 6 (Reuters) - Britain's Serious Fraud Office said on Wednesday it would seek the retrial of two former Barclays traders after a London jury was unable to reach a verdict on whether they had been part of a conspiracy to rig global Libor interest rates. "The SFO has today announc

BROKER RATINGS SUMMARY: Macquarie Raises Banks, HSBC Lowers Grocers

LONDON BRIEFING: Melrose Goes Shopping In US Despite Weak Pound