Barclays Share News (BARC)

REFILE-Britain's challenger banks face tax rises after watchdog verdict on revamp

* Smaller lenders subject to same tax regime as blue-chip banks * Challenger banks say tax burden will deter investment (Refiles to make clear that the CMA does not endorse the new tax regime but does not find it anti-competitive) By Sinead Cruise LONDON, Feb 29 (Reuters) - Fl

UPDATE 3-UK regulators say won't apply EU bonus cap to all banks

* UK plans to exempt bankers working for smaller lenders * UK regulators believe there is flexibility in rules * EU authorities to hold off from legal challenge for now (Adds European Commission reaction) By Huw Jones LONDON, Feb 29 (Reuters) - British financial regulato

UPDATE 2-Barclays Africa tumbles as British parent signals exit

* Barclays Plc owns 62.3 pct stake in Barclays Africa * Says reviewing strategic options for $8.3 bln stake * Barclays Africa says no impact on operations * Johannesburg-listed shares fall 5.5 pct (Recasts with shares, adds analysts) By Tiisetso Motsoeneng JOHANNES

Tuesday preview: Barclays full year results in the spotlight

(ShareCast News) - Barclays will take centre stage on Tuesday as it reports its full year results. UBS has pencilled in an underlying pre-tax profit of £6.84bn, compared to £5.50bn a year earlier. However, at the stated level the analyst sees the bank reporting a loss before tax of £2.016 in the fo

Britain's challenger banks face tax rises as watchdog approves revamp

* Smaller lenders subject to same tax regime as blue-chip banks * Challenger banks say tax burden will deter investment By Sinead Cruise LONDON, Feb 29 (Reuters) - Fledgling lenders aiming to boost competition in Britain's banking industry face sharp rises in their tax bills aft

LONDON MARKET OPEN: Banking Stocks Lead Fallers Amid Recovery Fears

Barclays evaluating options for Africa business

(ShareCast News) - Barclays noted recent media speculation regarding a potential sale of its shareholding in Barclays Africa Group Limited and said it was evaluating its strategic options. The bank, which owns about 62.3% of Barclays Africa, said it expects to update the market on Tuesday with its 2

Barclays Confirms Evaluating Strategic Options For Africa Business

Monday newspaper round-up: retailers, Sports Direct, BT, Brexit

(ShareCast News) - Britain's retailers predict that almost 1m jobs in the sector - a third of today's total - will disappear by 2025 as technology and the rising minimum wage reshape the industry. Retailers currently employ one in six British workers - about 3m people - and the sector accounts for a

Barclays says board evaluating options for its African business

Feb 28 (Reuters) - Barclays Plc said the company's board was evaluating strategic options in relation to its shareholding in its African business, Barclays Africa Group Ltd . The bank expects to update the market on plans for its African business at its 2015 full-year results announcement,

Sunday newspaper round-up: Pound, GSK, Sainsbury's, HSBC

(ShareCast News) - Sterling will fall to $1.28 by the end of 2016, its lowest level against the US dollar in three decades, currency strategists have cautioned. If Britain votes to leave the European Union the fall will be even worse, the Sunday Telegraph reported that Deutsche Bank analysts saw a f

PRESS: Barclays Set To Exit African Operations - FT

Barclays to wind down African business -FT

Feb 26 (Reuters) - Barclays PLC Chief Executive Jes Staley has decided to shut the bank's operations in Africa, the Financial Times said on Friday, citing sources familiar with the matter. The bank's board took the decision last week at a review led by Staley and plans to announce the exit

LONDON MARKET CLOSE: Strong Earnings Lift London As Wall Street Drifts

FTSE 100 movers: Lloyds leads index back over 6,000

(ShareCast News) - The FTSE 100 was back over 6,000 on Thursday, erasing losses from the previous two days. The blue-chip index was up 146.76 points (2.50%) to 6,013.94 by mid-afternoon. Lloyds Banking Group was the big riser, after it saw underlying profit increase 5% to £8.1bn during the year, wi