Barclays Share News (BARC)

London pre-open: FTSE to open down a touch as investors digest FOMC statement

(ShareCast News) - London stocks are expected to open a little lower on Thursday as investors digest the Federal Reserve's latest rate announcement and accompanying statement. The FTSE 100 is called to open down five points from Wednesday's close at 6,433. "In September the Fed gave us a dovish hol

Barclays Reports Lower Adjusted Pretax Profit In Third Quarter

Barclays says Q3 profits fall 10 pct, takes hit for FX compensation

LONDON, Oct 29 (Reuters) - British bank Barclays Plc took a 560 million pound ($855 million) hit to compensate customers mis-sold foreign exchange products and to cover a U.S. mortgages settlement, as it reported a 10 percent drop in quarterly profits. Barclays said on Thursday it made a

UPDATE 2-Deutsche Bank scraps dividend to boost capital in clean-up

* 2018 targets depend on eliminating 2015, 2016 dividends * Targets include CET 1 ratio of at least 12.5 pct * Leverage ratio to be at least 4.5 pct, RoTE more than 10 pct * Cost/income ratio to be about 70 pct, RWA of about 320 bln * Deutsche plans "competitive payout rat

UPDATE 5-Barclays to pay new chief Staley up to $12.6 mln a year

* Former JPMorgan exec Staley to start as Barclays CEO on Dec. 1 * Says will complete necessary transformation of investment bank * Relations with regulators not "adversarial" - Staley * Barclays shares up 0.1 pct (Adds investor comment on pay level) By Steve Slater <

Barclays confirms appointment of new CEO Jes Staley

(ShareCast News) - Barclays confirmed the appointment of former JP Morgan investment banking head Jes Staley as its new chief executive, replacing Anthony Jenkins almost four months after his forced departure. Boston, Massachusetts-born Staley worked for more than three decades at JP Morgan, beginni

UBS says accepts resignation of new Barclays CEO Staley

ZURICH, Oct 28 (Reuters) - UBS said on Wednesday it had accepted Jes Staley's resignation from his functions with the Swiss bank after he was appointed the new chief executive of Barclays Plc. Staley was elected to UBS's board at its 2015 annual shareholder meeting in May and was a member o

Barclays picks ex-JPMorgan exec Staley as new CEO, to start Dec 1

LONDON, Oct 28 (Reuters) - Barclays Plc has appointed James 'Jes' Staley as its new chief executive and said the former JPMorgan investment bank boss will take the helm of the British bank at the start of December. Staley had been widely expected to be appointed after sources and other medi

Barclays Confirms Investment Banker Jes Staley To Be New CEO

"Technical difficulties" hit Barlcays customers

(ShareCast News) - Barclays was experiencing technical difficulties over the weekend, the company said on Twitter. The issues, which were affecting "some services" are being "investigated urgently", it told customers. Its banking apps and online banking services were "running smoothly", the lender

PRESS: Barclays, HSBC And RBS Pay Currency Rigging Fine In US - Sky

BoE to help smaller lenders compete better in mortgage market

By Huw Jones LONDON, Oct 22 (Reuters) - The Bank of England will help new lenders cut how much capital they have to set aside to cover defaulting mortgages so they can compete better with their bigger rivals, a top BoE official announced on Thursday. Britain's government is keen to in

Tesco hires Citigroup as joint corporate broker

Oct 22 (Reuters) - Britain's biggest retailer Tesco Plc said it hired Citigroup Inc as joint corporate broker, replacing Deutsche Bank. Citigroup will work alongside existing broker Barclays Plc , Tesco said. The move follows a shake-up of the food retailer's business, which saw a ne

Barclays chairman says confident will solve ring-fencing problems

By Steve Slater LONDON, Oct 22 (Reuters) - Barclays should be able to overcome difficulties it is having in separating its domestic retail banking business from the rest of the bank under new UK rules designed to make banks safer, its chairman said on Thursday. Britain's major banks h

UPDATE 3-British banks spared worst outcomes in competition probe

* CMA had power to recommend bank break-ups * CMA says free bank accounts do not distort market * TSB CEO says long way to go to improve competition * Consumer group says measures are underwhelming * Lawmakers to quiz CMA on findings on Nov. 4 (Adds comments from Treasur