Barclays Share News (BARC)

Barclays tells clients it will not take new FX stop-loss orders

(ShareCast News) - Barclays reportedly stopped accepting new so-called 'stop-loss' orders from its clients dealing in foreign exchange markets. Observers believed the move was motivated both by a desire to limit its own exposure to the potential fall-out from the EU referendum as well as the need to

Visa windfall gives European banks Q2 boost

By Steve Slater LONDON, June 22 (IFR) - Dozens of European banks will book hefty windfalls in the second quarter from the sale of their stakes in Visa Europe, after Visa Inc this week completed the purchase of its sister card payments firm. Barclays is set to be the biggest beneficiar

U.S.-based fund managers eye British homebuilders, banks before Brexit vote

By David Randall NEW YORK, June 22 (Reuters) - Market volatility heading into Thursday's British vote on whether to remain in the European Union is creating opportunities to buy homebuilders, banks and consumer companies linked to the domestic economy in Britain, contrarian fund managers fr

SocGen outlines post-referendum trade ideas

(ShareCast News) - Remain is the central scenario in Societe Generale's equity allocation model and the FTSE 100 is one of its preferred indices, the bank said as it outlined its equity trade ideas for both outcomes. In the event of a Brexit, SocGen expects that on 24 June and the following days, th

UPDATE 1-Wall Street banks remain top choice for new MBAs - survey

(Adds survey methodology) By Olivia Oran June 21 (Reuters) - Wall Street banks remain the employers of choice for new business school graduates, despite competition for talent from Silicon Valley, hedge funds and private equity firms, according to a study released on Tuesday. Mo

Wall Street banks remain top choice for new MBAs- survey

By Olivia Oran June 21 (Reuters) - Wall Street banks remain the employers of choice for new business school graduates, despite competition for talent from Silicon Valley, hedge funds and private equity firms, according to a study released on Tuesday. More than a quarter of those surve

HSBC's record-low British mortgage rate sparks risky lending concerns

LONDON, June 21 (Reuters) - HSBC has launched what is thought to be Britain's lowest-ever mortgage deal with an interest rate of less than 1 percent, raising concerns of a return to riskier lending practices to try to boost flagging profits. Europe's largest bank is offering customers the c

MOVES-JPMorgan promotes Lori Beer to key information post

NEW YORK, June 20 (Reuters) - JPMorgan Chase & Co has promoted Lori Beer to chief information officer for corporate and investment banking, replacing Mark Ashton-Rigby who left recently for Barclays. Beer has been the company's chief information officer for banking since 2014, according to

FTSE ends 3 pct higher as 'Remain' camp in Britain's EU referendum regains ground

(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) * Blue-chip FTSE 100 index closes 3 pct higher * Banks, housebuilders among top gainers * Circassia Pharmaceuticals slimps on fai

London jury considers verdict in Barclays Libor trial

By Kirstin Ridley LONDON, June 20 (Reuters) - The jury in the London trial of five former Barclays traders charged with conspiracy to manipulate global Libor interest rates retired to consider its verdict on Monday after hearing more than 10 weeks of evidence. Stylianos Contogoulas, J

MOVES-Barclays promotes Baldini to run European bond syndicate

By Helene Durand LONDON, June 20 (IFR) - Marco Baldini has been appointed head of European bond syndicate at Barclays, according to an internal memo seen by IFR, as the bank continues a reshuffle of its fixed income primary market franchise. He reports to Jonathan Brown, co-head of gl

WINNERS & LOSERS SUMMARY: Cat Allergy Disappointment Sinks Circassia

Britain's FTSE rallies as EU membership 'Remain' camp regains ground

(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 up 2 pct * Opinion polls indicate 'Remain' camp narrowly ahead * Banks, housebuilders rally * Circassia Pharmace

Sunday newspaper round-up: Brexit bets, airlines, CMA probes, Lloyds lock-up

(ShareCast News) - Currency traders are betting sterling will slip to an all-time low against the euro of €1.05-1.20 if Britain votes to leave the European Union, eclipsing Black Wednesday in 1992. Currency contracts have recently suggested that investors believe the pound will probably tumble again

HSBC to pay $35 mln to resolve yen Libor litigation in U.S.

NEW YORK, June 17 (Reuters) - HSBC Holdings Plc will pay $35 million to end private U.S. antitrust litigation claiming that it harmed investors by conspiring with other banks to manipulate the yen Libor and Euroyen Tibor benchmark interest rates. Papers outlining the preliminary settlement