Barclays Share News (BARC)

PRESS: UK Banks To Set Aside GBP5.0 Billion More For PPI Scandal - Sky

Lloyds and other lenders set to announce fresh PPI provisions, report claims

(ShareCast News) - Britain's largest lenders are preparing to set aside billions of more pounds for provisions against the payment protection insurance mis-selling scandal, according to reports over the weekend. Insiders from Barclays, HSBC, Lloyds Banking Group, Royal Bank of Scotland and Santander

Senior lawmaker urges UK banks to invest in IT to prevent failures

LONDON, Jan 24 (Reuters) - Britain's banks need to dedicate far greater resources towards securing their IT infrastructure and should have a designated board member overseeing the issue, a senior lawmaker said, following a string of high-profile technology failures. Andrew Tyrie, chairman o

UPDATE 2-Virginia reaches $63 mln pact with 11 banks in mortgage bond fraud suit

(Adds details about lawsuit, settlement amounts.) By Suzanne Barlyn Jan 22 (Reuters) - A group of 11 banks agreed to pay more than $63 million to settle allegations that they misled the Commonwealth of Virginia and its retirement system about residential mortgage backed-securities, At

Barclays picks Lazard to sell Asia wealth unit - sources

By Saeed Azhar and Pamela Barbaglia SINGAPORE/LONDON, Jan 22 (Reuters) - Barclays is pressing ahead with the sale of its Asian private wealth business and has picked Lazard to help advise on the deal amid efforts to scale back its Asian operations, three sources with knowledge of the matter

BROKER RATINGS SUMMARY: Citi Gives Antofagasta Double Upgrade To Buy

LONDON MARKET OPEN: Commodity Stocks Push Higher As Oil Price Rebounds

LONDON BRIEFING: Equities, Oil And Pound All Enjoy End-Of-Week Bounce

BUZZ-Despite carnage, oil ETN still at a premium

** Despite its 14 pct decline today, Barclays Bank PLC's iPath S&P GSCI Crude Oil Total Return Index ETN trading at considerable premium to its intraday indicative value ** Exchange-traded note's price of $4.78 at midday in New York is far higher than the quoted intraday indicative value

Barclays job cuts won't hurt structured business

By Joy Wiltermuth NEW YORK, Jan 21 (IFR - While Barclays will cut around 1,000 jobs at its investment bank, the US structured finance business will be largely untouched from the latest round of cuts, people with knowledge of the matter told IFR on Thursday. In the Americas, the bank w

UPDATE: Barclays Sees "Broadly Flat" Investment Bank Income For 2015

Barclays Sees "Broadly Flat" Investment Bank Income For 2015

UPDATE 1-Wall Street weighs into Britain's EU vote: Goldman, JPMorgan back 'in' campaign

* Goldman, JPMorgan make large donations to in campaign * Morgan Stanley also likely to make a donation - source * Cameron tells businesses: speak up about EU benefits * Cameron hopes for deal in February, says not there yet (Adds likely Morgan Stanley donation, Cameron remark

UPDATE 4-Barclays to slash about 1,000 investment bank jobs worldwide

* Bank to close Asia cash equities business -memo * Around 1,000 jobs to go worldwide -sources * Exits investment banking in at least 8 countries -memo * Exploring sale of precious metals business -memo (Adds detail from internal memo on restructuring in Europe, Middle East an

PRESS: Barclays To Remain "Bulge-Bracket" Investment Bank - FT