(ShareCast News) - The FTSE 100 was in the black on Tuesday, sitting at 6,379.33, up 23.24 points (0.37%) by mid-afternoon. The biggest risers came from the banking sector after all seven of Britain's largest banks passed stress tests by the Bank of England, with Governor Mark Carney assuring that n
Read moreLONDON, Dec 1 (Reuters) - Barclays Plc shares jumped 4 percent on Tuesday after Britain's third biggest bank came through a "stress test" by regulators better than expected, netting a quick 230,000 pounds for its new chief executive on his first morning. Jes Staley, a former head of investm
Read more* BoE says UK credit conditions largely back to normal * Aims to change counter-cyclical capital buffer slowly * Further increases in capital will only be incremental (Adds more reaction) By Huw Jones and David Milliken LONDON, Dec 1 (Reuters) - British banks including H
Read moreLONDON, Dec 1 (Reuters) - Bank of England Governor Mark Carney and other officials from the central bank were speaking on Tuesday after the BoE said it would require banks to hold as much as 10 billion pounds extra capital, but stopped short of immediate action. CARNEY ON IMPROVEMENT IN BAN
Read more(Repeats to broaden coding) By Huw Jones and David Milliken LONDON, Dec 1 (Reuters) - The Bank of England set out plans on Tuesday to require banks to hold as much as 10 billion pounds ($15.1 billion) extra capital as the credit cycle moves into a more normal phase, but stopped short
Read more(ShareCast News) - All seven of Britain's largest banks have passed stress tests by the Bank of England, with Governor Mark Carney assuring that no new wave of higher capital requirements was incoming. Investors took confidence from Carney's affirmation that banks would need to hold Tier 1 equity of
Read moreBy Suzanne Barlyn Nov 27 (Reuters) - A New York-based investment adviser filed a class action lawsuit against Barclays Plc on Friday alleging that rigged foreign exchange trading practices at the bank caused "significant damages" to its trading partners. The suit by Axiom Investment A
Read more* Ex-JPMorgan banker Staley becomes Barclays CEO on Dec. 1 * Bank of England releases "stress test" results same morning * Staley's tasks: cut costs, fix investment bank, ring-fence plan * Latest fine shows Barclays still clearing up from past misdeeds By Steve Slater and
Read more* Fine relates to 1.9 bln stg transaction for rich clients * FCA declines to name clients involved in transaction * Bank kept documents in safe to avoid electronic storage * Seventh significant fine from UK watchdog in 6 years (Adds details) By Steve Slater and Huw Jones
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