Barclays Share News (BARC)

BROKER RATINGS SUMMARY: Berenberg Downgrades QinetiQ To Sell From Hold

PRESS: Barclays Set To Sell Spain, Portugal Credit Card Arms - Reuters

Barclays said to attract interest for Iberian credit card business

(ShareCast News) - Barclays has reportedly attracted the interest of Spain's Santander and US private equity group Apollo, as it looks to offload its credit card operations in Spain and Portugal. Reuters cited sources as saying the bank was putting its Spanish and Portuguese Barclaycard operations u

Barclays said to be looking to scale back Africa ops

(ShareCast News) - Barclays is reportedly drawing up plans to sell part of its 62% stake in Barclays Africa Group, the entity that houses most of its African business. According the Wall Street Journal, the move - which marks a significant turnaround for Barclays - is part of a plan by new chief exe

PRESS: Barclays Plans To Scale Back In Africa - Wall Street Journal

Investor group buys Barclays' offshore trust business

LONDON, Jan 18 (Reuters) - Barclays has sold its offshore trust business to an independent investor group but will keep a 20 percent stake in the new company, renamed as ZEDRA, for at least three years. The sale marks another step in the British bank's efforts to simplify its wealth and inv

RPT-Banks give back China investment quotas as clients bypass the middlemen

(Repeats Sunday story with no changes) * 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

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