Barclays Share News (BARC)

PRESS: Barclays Among Bidders For TD Direct Broker - Sky News

Barclays bids for broker TD Direct, reports say

(ShareCast News) - Barclays has made an offer to acquire retail stockbroker TD Direct Investing, according to reports. The bank made an offer for the Canadian-owned UK stockbroker as part of plans to merge the business with its own Barclays Stockbrokers arm and create a serious challenger to Hargrea

HSBC imposes hiring and pay freeze

(ShareCast News) - HSBC froze pay and hiring at its consumer and investment banking units as part of its plans to cut as much as $5bn from its cost base by the end of 2017, Bloomberg reported citing a spokesperson for the lender. The decision, which was announced to staff on 29 January, followed an

Barclays, Credit Suisse reach settlement over probe into dark-pools

(ShareCast News) - The New York Attorney General was set to fine Barclays $70m (£49m) for misleading investors about its so-called 'dark-pool' trading venues, the BBC reported citing the New York Attorney General´s office. Dark pools are private trading venues that allow clients to retain their iden

PRESS: Credit Suisse, Barclays In 'Dark Pool' Settlements - Reports

UPDATE 1-Barclays, Credit Suisse to strike record deals with SEC, NY over dark pools

(Adds details of the settlements, comments from New York attorney general and background) By Sarah N. Lynch WASHINGTON, Jan 31 (Reuters) - Barclays and Credit Suisse are poised to settle federal and state charges that they misled investors in their dark pools, with Barclays admitting

Barclays, Credit Suisse to strike record deals with SEC, NY over dark pools

By Sarah N. Lynch WASHINGTON, Jan 31 (Reuters) - Barclays and Credit Suisse are poised to settle federal and state charges that they misled investors in their dark pools, with Barclays admitting it broke the law and agreeing to pay $70 million, according to a person familiar with the matter

Barclays CEO Staley Hires New Group Chief Risk Officer From JPMorgan

UK review of retail banking delayed as watchdog seeks more time

LONDON, Jan 29 (Reuters) - The outcome of a competition review into Britain's retail banking market was delayed on Friday after the watchdog said it would need more time to complete its investigation. A provisional decision on what remedies to take to boost competition was originally due ne

Barclays says Amanda Staveley lawsuit against it "misconceived"

LONDON, Jan 29 (Reuters) - Barclays said on Friday it would fight a lawsuit filed against it by British businesswoman Amanda Staveley's PCP Capital Partners over the bank's multi-billion pound fundraising from Gulf investors during the 2008 financial crisis. Dealmaker Staveley, who played a

PRESS: Barclays Facing GBP1 Billion Lawsuit Over 2008 Funding Call

UPDATE 1-Ex-brokers celebrate as sixth Libor defendant walks free

(Adds quotes from brokers, lawyer, details) By Kirstin Ridley LONDON, Jan 28 (Reuters) - Former ICAP broker Darrell Read was cleared by a London jury on Thursday of conspiring with convicted trader Tom Hayes to rig Libor interest rates, joining his five former co-defendants in the cou

LONDON MARKET MIDDAY: Banks And Miners Sour Investor Sentiment

Broker tips: PZ Cussons, Vodafone, UK banks

(ShareCast News) - PZ Cussons has achieved a "solid" first half given the challenges, according to Investec. The consumer goods company reported a 0.2% dip in reported revenue to £385.9m in the first half due to foreign exchange headwinds. Pre-tax profit fell 3.7% on a reported basis to £42.1m. The

BUZZ-UK Banks: UBS cuts targets

** Weakness seen from UK banks amid broad market sell-off and as UBS cuts PTs - of HSBC, Standard Chartered and Barclays (shares in trio down c2%) ** On Barclays, UBS says market too optimistic on investment banking revenues, will likely struggle more in future; but keeps "Buy" rating as t