Barclays Share News (BARC)

UPDATE 1-Bank of England eases rules for banks to meet Brexit challenge

(Adds market reaction, background) By David Milliken and Huw Jones LONDON, July 5 (Reuters) - The Bank of England took steps on Tuesday to ensure British banks keep lending and insurers do not dump corporate bonds in the "challenging" period that is likely to follow the country's vote

Britain's Serious Fraud Office on a high after Libor rollercoaster

By Kirstin Ridley LONDON, July 4 (Reuters) - When David Green was appointed head of Britain's Serious Fraud Office (SFO) in 2012 he predicted he would be judged by how he fared prosecuting allegations of global interest rate rigging, a symbol of banker greed during the financial crisis.

Former Barclays staffers convicted for Libor rigging

(ShareCast News) - Three former Barclays employees have been convicted as guilty at Southwark Crown Court for manipulating the Libor interest rate in the period 2005-2007. Banks use the Libor rate to set prices for financial products. Jonathan Mathew, Jay Merchant, and Alex Pabon were convicted las

UPDATE 2-Three former Barclays traders found guilty in Libor rigging trial

* Former Barclays traders to be sentenced this week * Five now convicted in UK on Libor-rigging charges * Jury fails to reach verdict on another two defendants * SFO has 14 days to decide whether to seek their re-trial * Verdict a victory for SFO after acquittal of brokers

Three former Barclays traders convicted in London Libor rigging trial

LONDON, July 4 Reuters) - Three former Barclays traders have been found guilty by a London jury of conspiring to fraudulently manipulate global benchmark interest rates in a success for the UK's Serious Fraud Office (SFO). Calcutta-born Jay Merchant, 45, the most senior of the men on trial

Sunday newspaper round-up: Brexit, BoE, LSE, housebuilders, Rio Tinto, Go-Ahead

(ShareCast News) - A group of businesses is preparing a legal challenge to prevent the government from beginning Brexit negotiations without an act of parliament. The action, brought by law firm Mishcon de Reya, would potentially complicate Britain's path to leaving the EU, given that a majority of

RPT-London bankers face Brexit choice: lobby or leave

(Repeats Friday item) * Europeans trying to clip City's wings after Brexit * British banks lobbying to keep access to EU market * Finance sector sets up group to decide strategy * But UK government in disarray, some European ties weak * Bankers turn to headhunters fo

Britain's upstart banks face a bumpy ride through Brexit fall-out

* Challenger banks' shares down 37 pct * A recession will squeeze lending * Some CEOs see opportunities amid volatility By Sinead Cruise and Lawrence White LONDON, July 3 (Reuters) - Facing the prospect of their first UK recession, Britain's small specialist lenders could

London bankers face Brexit choice: lobby or leave

* Europeans trying to clip City's wings after Brexit * British banks lobbying to keep access to EU market * Finance sector sets up group to decide strategy * But UK government in disarray, some European ties weak * Bankers turn to headhunters for exit strategy By Sin

OPINION-Italy, or how not to deal with a banking problem

By Helene Durand LONDON, July 1 (IFR) - Italy this week exploited the stormy aftermath of the shock UK referendum result, concocting its latest attempt at rescuing its banks while markets were distracted with more pressing matters. Yet the news that the European Commission has authori

UPDATE 1-Politicians condemn 'quiet scandal' of British bank closures

* MPs cite Reuters report on bank branch closures * Over 90 pct of closures in poorer areas * Call for tougher US-style legislation (Adds politicians' comments) By Andrew MacAskill and Lawrence White LONDON, June 30 (Reuters) - British politicians have urged banks to pro

Barclays says will stay anchored in Britain -BBC

LONDON, June 30 (Reuters) - Barclays is "staying anchored in great Britain", and has no plans to move jobs despite Britain's decision to quit the European Union, the bank's Chief Executive Jes Staley told the BBC on Thursday. Speculation that Britain's biggest banks and financial services f

Barclays has no plans to move jobs due to Brexit

(ShareCast News) - Barclays has no plans to move jobs out of the UK due to Brexit, chief executive Jes Staley said on Thursday. "We are a British bank, our history is here in the UK so first and foremost we are staying anchored in London and anchored in Great Britain," Staley told BBC News. Since t

BROKER RATINGS SUMMARY UPDATE: Morgan Stanley Ups Schroders, Cuts RBS

UK markets watchdog asks banks to weigh up Brexit options

By Huw Jones LONDON, June 30 (Reuters) - Britain's markets watchdog has called on banks to assess how different trading relations with the European Union would hit the City of London's role as a global financial centre. Financial services account for 12 percent of Britain's economy, e