(Adds further quotes) By Huw Jones LONDON, March 9 (Reuters) - Britain's top banking regulator has dismissed critics who say risks at banks cannot be fully understood and therefore lenders must hold far more capital. Andrew Bailey, who heads the BoE's Prudential Regulation Autho
Read moreBy Steve Slater LONDON, March 9 (IFR) - Citigroup has warned that revenues from trading and advisory are set to drop sharply in the first quarter from a year earlier, joining rivals in setting the scene for another grim quarter for the industry. Citigroup said its markets revenues are
Read more(ShareCast News) - Some of Barclays' leading investors are reportedly set to demand talks with the bank's top independent director, Sir Gerry Grimstone, over its decision to slash its dividend this year and the next. According to Sky News, a number of major Barclays shareholders want to meet Grimsto
Read moreBy Huw Jones LONDON, March 7 (Reuters) - A Bank of England (BoE) policymaker said on Monday that Britain's banks would not need much more capital to comply with its solvency rules, as the central bank tries to quell talk that another major increase in capital requirements is on the way.
Read moreLONDON, March 7 (Reuters) - The following FTSE 100 companies will go ex-dividend on Thursday, after which investors will no longer qualify for the latest dividend payout. According to Reuters calculations at current market prices, the resulting adjustment to prices by market-makers would take
Read more(ShareCast News) - Deutsche Bank downgraded Barclays to 'hold' from 'buy' and cut its price target to 180p from 255p, saying the stock was more now more of an investment case for 2017-18 rather than 2016. It said that Barclays' strategic update, whilst necessary to strengthen the capital position an
Read more(ShareCast News) - Barclays has hired nine people to work within its EMEA banking team as it looks to boost its mergers and acquisitions business. The bank announced the appointment of Carlo Calabria, who joins from CMC Capital, to the role of chairman of M&A for Europe, Middle East and Africa. Cala
Read more(ShareCast News) - The Competition and Markets Authority has decided to extend the deadline for its investigation into the UK retail banking sector, which it believes is not competitive enough. The CMA said the extension to 12 August from May is necessary to allow enough time to take full and proper
Read more(ShareCast News) - Deutsche Bank downgraded Barclays to 'hold' from 'buy' and cut its price target to 180p from 255p, saying the stock was more now more of an investment case for 2017-18 rather than 2016. It said that Barclays' strategic update, whilst necessary to strengthen the capital position an
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