Barclays Share News (BARC)

LONDON MARKET OPEN: Barclays Shares Fall As LSE Rises On Bid Interest

BUZZ-Barclays: Results miss, Africa exit weigh

** Barclays' shares down 7.7 pct, near the bottom of the FTSE, after reporting FY pretax profit below expectations, saying it will exit Africa ** FY pretax profit falls 2 pct to 5.4 billion pounds vs 5.772 billion pounds consensus ** Co also says it will planned to sell its 62 percent

LONDON BRIEFING: London Stock Exchange Jumps As ICE May Crash Party

Barclays confirms sale of Africa business as annual profit falls

(ShareCast News) - Barclays confirmed plans to sell its African business on Tuesday as it announced a drop in full year profit and a cut to the dividend. For the year to 31 December, adjusted pre-tax profit slipped 2% to £5.4bn and the bank announced a £1.45bn provision for PPI misselling. Analysts

Barclays To Cut Dividend And Sell African Unit To Boost Capital

Barclays reveals restructuring plan, to exit Africa as profits fall

LONDON, March 1 (Reuters) - Barclays Plc reported a 2 percent fall in full-year adjusted pre-tax profit on Tuesday and unveiled plans to simplify its UK & international operations to boost returns and cut costs, primarily by exiting its historic African business. The British lender said it

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