Barclays Share News (BARC)

Banks losing share in corporate currency business - report

LONDON, Jan 17 (Reuters) - Small and medium-sized British companies are increasingly looking outside banks for foreign exchange in search of better rates and services, a survey showed on Sunday. Research company East & Partners' survey of more than 2,200 UK firms with annual revenues of up

Banks give back China investment quotas as clients bypass the middlemen

* Banks return $800 mln in QFII quotas from April-Sept 2015 * Banks "rented quota" to clients without access to China * Clients can now use routes such as Stock Connect, own QFII * Banks' quota renting fees tumble from 200 to 20 basis points * Falling yuan adds currency co

Ex-Barclays, Citi FX traders sue for unfair dismissal in London

LONDON, Jan 13 (IFR) - Two former foreign exchange traders will this month sue their former employers Barclays and Citigroup for unfair dismissal at a London court. Former Barclays FX trader Jack Murray is suing the bank and is scheduled to appear at the East London employment tribunal on J

Bank of England plans to get tougher on rule-breaking banker bonuses

By Huw Jones LONDON, Jan 13 (Reuters) - The Bank of England has proposed a new rule for recovering bonuses of rule-busting bankers who have moved to a new employer. Britain already has among the world's toughest rules on banker pay, introduced amid public anger over lenders being bai

BROKER RATINGS SUMMARY: JPMorgan Gives Unilever Double Upgrade

Lloyds downgraded on Exane's bleak outlook for sector

(ShareCast News) - Exane BNP Paribas has downgraded Lloyds Banking Group from 'neutral' to 'underperform' and reiterated its 'underperform' rating for Barclays on a bleak operational outlook for UK banks. In a note to investors on Wednesday, it said comments from the Department for Business, Innovat

UPDATE 3-Six bankers charged, five absent as UK begins first Euribor rigging case

* One woman and five men appear in court * Four Germans, one Frenchman fail to attend the hearing * Accused are former Deutsche Bank, Barclays and SocGen employees (Adds SFO comment on formal request for court attendance, paragraph 10) By Kirstin Ridley LONDON, Jan 11 (R

Britain begins first Euribor rate-rigging case

* One woman and 10 men to be charged formally * Accused are former Deutsche Bank, Barclays and SocGen employees By Kirstin Ridley LONDON, Jan 11 (Reuters) - Eleven former Deutsche Bank , Barclays and Societe Generale employees are due on Monday to become the first people charge

RPT-ICBC Standard Bank buys Deutsche's London bullion vault - sources

(Repeats to attach to alert with no changes to text) * ICBC Standard Bank growing bullion footprint * Chinese-South African lender looking to become bullion clearer By Clara Denina LONDON, Jan 8 (Reuters) - ICBC Standard Bank is buying the lease on Deutsche Bank's London g

UK fraud prosecutor needs "urgent" fresh cash as top cases mount

LONDON, Jan 7 (Reuters) - The UK's Serious Fraud Office has asked the government for an extra 21.14 million pounds ($30.9 million) to meet urgent cash needs as it pursues some of its most complex investigations, such as an inquiry into alleged financial benchmark rigging. The SFO, which inv

Canadian M&A activity soars on surge in outbound deal flow

By Euan Rocha and John Tilak TORONTO, Jan 7 (Reuters) - A slew of major bets outside Canada by some of the country's top pension funds, banks, investment management firms and insurers propelled Canadian deal activity to its second-highest level ever in 2015. Thomson Reuters data relea

UPDATE 1-Lawmakers to grill UK watchdog over scrapping of banking culture review

* FCA chair, CEO to be quizzed on January 20 * Osborne says McDermott does not want job permanently (Adds more detail, Osborne on McDermott) By Huw Jones LONDON, Jan 7 (Reuters) - The heads of Britain's Financial Conduct Authority will be asked later this month by a panel of l

UPDATE 1-Standard Chartered, DBS among banks in China forex ban - sources

* Last week China suspended 3 foreign banks from FX business * Standard Chartered, Deutsche Bank, DBS hit by ban -sources * The ban extends until the end of March for some banks * StanChart has asked China to shorten suspension -source (Adds DBS) By Engen Tham and Saeed

Lawmakers ask UK watchdog to explain scrapping of bank culture review

LONDON, Jan 7 (Reuters) - Top officials at Britain's Financial Conduct Authority have been called to appear before a panel of lawmakers to explain why the watchdog ditched a review of banking culture. The review was part of the FCA's 2015 business plan but last month it was shelved, sparkin

UK bankers say EU has helped London financial centre thrive

* HSBC, Barclays say EU has been crucial to London success * HSBC could realign some ops to continent after a Brexit * Bankers see limited room for UK rule changes outside EU By Huw Jones LONDON, Jan 6 (Reuters) - Britain's financial sector has thrived in the European Unio