Barclays Share News (BARC)

Earnings, Trading Statements Calendar - Week Ahead

EU bank watchdog says UK, other countries adhere to "allowances" crackdown

LONDON, Oct 22 (Reuters) - Regulators in Britain and elsewhere in the European Union are cracking down on illegal "allowances" that top up bankers' pay to skirt a cap on bonuses, a top EU regulator said on Thursday. Andrea Enria, chairman of the European Banking Authority (EBA), said the wa

UPDATE: UK CMA Pushes Switching On Ruling Out Break-Up Of Big Banks

It wasn't just UK bankers who worried about 'guilty' rule-Osborne

LONDON, Oct 22 (Reuters) - British regulators as well as bankers raised concerns about a now ditched 'guilty until proven innocent' rule for cracking down on reckless behaviour in the finance industry, finance minister George Osborne said on Thursday. Osborne told lawmakers there had been a

UK bank sector lacking competition but CMA report falls short of major changes

(ShareCast News) - Consumers and small businesses are still suffering from a lack of competition in the UK banking sector, competition authorities said in a report on Thursday that called for banks to retain free bank accounts and making proposals to force banks to help customers to shop around for

CMA To Push Account Switching As It Rules Out Break-Up Of Big Banks

UK competition body decides against end to "free" banking

LONDON, Oct 22 (Reuters) - Britain's competition watchdog has decided against recommending an end to "free" in-credit banking or forcing the break-up of big banks to improve competition in UK banking sector, but has recommended measures to aid easier comparison of accounts. The Competition

UPDATE 5-Credit Suisse to raise $6 bln as new CEO shows his hand

* New Credit Suisse CEO targets Asia, private banking growth * Plans to raise $6.3 bln from share sales * To shrink investment bank, cut costs * Mood soured by weak third quarter results (Adds comments from CEO) By Joshua Franklin ZURICH, Oct 21 (Reuters) - Credit

Fortress in talks to buy Barclays 1 bln euro Italian mortgage pool-sources

MILAN, Oct 21 (Reuters) - U.S. asset manager Fortress Investment Group has entered exclusive talks to buy a 1 billion euro ($1.1 billion) portfolio of Italian house loans from Barclays, two sources close to the matter said. The British bank is selling its Italian retail network, which compr

Wednesday newspaper round-up: Europe, British steel, Barclays

(ShareCast News) - Britain's leading business group has defied government demands to downplay its campaign for the UK to remain in the European Union. In a move that will escalate tensions between the CBI and Sajid Javid, the business secretary, the group publishes a dossier today stating that most

PRESS: Barclays Seeks UK Ringfencing Transitional Arrangement - FT

UPDATE 4-Credit Agricole to pay $787 mln to resolve U.S. sanctions probe

(Adds bank comment and details of settlement) By Karen Freifeld NEW YORK/PARIS, Oct 20 (Reuters) - France's Credit Agricole SA has agreed to pay $787 million for moving hundreds of millions of dollars through the U.S. financial system in violation of sanctions against Iran, Sudan, and

BUZZ-Fitbit Inc: Corporate wellness

(Updates) ** Fitbit shares up 4 pct after paring early gains as wearable device maker announces further expansion of its corporate wellness program ** Stock rose as much as 9.9 pct to intraday high of $41.11 in early trading ** Co says it added over 20 new enterprise customers i

UPDATE 1-Britain has not watered down new bank rules- Bank of England's Bailey

* BoE defends axing 'guilty until proven innocent' rule * Rule had risked legal challenge - BoE's Bailey * Bailey would warn lawmakers if 'light touch' returns (Adds more detail, Carney comments) By Huw Jones and David Milliken LONDON, Oct 20 (Reuters) - British finance

New UK bank rules not watered down - Bank of England's Bailey

LONDON, Oct 20 (Reuters) - A decision by British finance minister George Osborne to scrap "guilty-until-proven-innocent" rules for bankers in Britain will help avoid legal uncertainties and does not represent a watering down of the reform, Britain's top banking supervisor said. The change a