Barclays Share News (BARC)

CMA extends deadline for retail banking investigation

(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

BROKER RATINGS SUMMARY: Citi Downgrades IHG To Sell From Neutral

Barclays slips on Deutsche Bank downgrade

(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

Fitch cuts Barclays Africa after parent says to sell down stake

JOHANNESBURG, March 5 (Reuters) - Credit ratings agency Fitch downgraded South Africa's Barclays Africa Group, citing a lower likelihood of support from the bank's British parent as it sells down its stake. Barclays plc said on Wednesday it would sell its 62 percent holding in Johannesburg-

Atlas Mara Declines To Comment On Barclays Africa Speculation

UPDATE 1-Barclays Kenya's 2015 pretax profit falls

(Adds lending, costs, dividend) NAIROBI, March 4 (Reuters) - Barclays Bank of Kenya's pretax profit fell 2 percent last year to 12.07 billion shillings ($119.1 million) due to increased bad debt provisions, higher costs and interest rate volatility, it said on Friday. The bank is par

BROKER RATINGS SUMMARY: UBS Double Downgrades William Hill To Sell

PRESS: Former CEO Bob Diamond Eyes Barclays Africa Assets - FT

RBC targets market share gains in U.S. investment banking

By John Tilak NEW YORK, March 3 (Reuters) - Royal Bank of Canada plans to boost its share in the U.S. investment banking market by tapping opportunities with existing mid-sized and large clients and filling gaps left by European banks that are scaling back, one of its key executives said.<

Thursday newspaper share tips: Virgin Money, Challenger banks

(ShareCast News) - Homes are not always a safe repository of value, as property busts show, but at the moment they are the safest corner of the UK banking space. That was reflected yesterday in Virgin Money's full-year figures for return on tangible equity, which at 10.9% easily trumped those of the

Dividends Calendar - Week Ahead

TIMELINE-Court denies Barclays motion to stay U.S. power manipulation case

March 3 - A federal court in California this week denied Barclays Plc's motion to stay proceedings in the federal energy regulator's alleged power market manipulation case against the bank and four of its former energy traders pending resolution of an appeal. The U.S. Federal Energy Regula

PRESS: Mastercard Plots GBP1.0 Billion Vocalink Bid - Sky News

Mastercard said to plan £1bn Vocalink takeover bid

(ShareCast News) - US-based credit card issuer Mastercard has reportedly drawn up secret pans for a takeover of international payment systems provider Vocalink. According to Sky News, Mastercard has approached the board of bank-owned Vocalink about a deal that could be worth more than £1bn. More th

Wednesday broker round-up

(ShareCast News) - Just Eat: JP Morgan reiterates overweight with a target price of 393p and Investec reiterates buy with a target price of 479p. Capital & Counties Properties: Morgan Stanley downgrades to underweight with a target price of 330p. Rightmove: Jefferies upgrades to hold with a target