Barclays Share News (BARC)

Bank of England sets GBP2.2bn retail bank ring-fencing requirement

(ShareCast News) - Proposals by the Bank of England would require the UK's big banks to hold up to £3.3bn of capital under new ring-fencing rules designed to make their retail operations more resilient to potential market crashes. From 1 January 2019, banks with core deposits greater than £25bn from

TSB boss calls for UK banks to make charges clearer

LONDON, Oct 15 (Reuters) - Britain's banks should be required to tell customers how much they've paid for their banking services each month, the chief executive of TSB said on Thursday. Paul Pester also said the industry needs to make it easier for customers with overdrafts to switch betwee

PRESS: Banks Face Ring-Fencing Capital Bombshell - Sky News

New Barclays CEO faces early challenge to fix wealth arm

By Steve Slater and Sinead Cruise LONDON, Oct 13 (Reuters) - The new chief executive of British bank Barclays, expected to be former JPMorgan banker Jes Staley, faces an early challenge in deciding what to do in wealth management after a decade of disappointment. Most scrutiny is on

London close: Stocks close lower on UK deflation, weak Chinese trade data

(ShareCast News) - The FTSE 100 ended down 28.90 points to 6,342.28 on Tuesday as September data showed the UK experienced deflation and China's exports and imports declined. The Office for National Statistics said the UK consumer price index fell 0.1% year-on-year last month, compared to analysts'

LONDON MARKET CLOSE: Weak Chinese Trade Data Takes Steam Out Of Rally

UPDATE 5-Barclays set to name former JPMorgan banker Staley as new CEO

* Appointment to signal renewed focus on investment bank * Staley ran JPMorgan's investment bank, asset management * Role has been vacant since Jenkins was axed in July * Shares dip 2.6 pct in weak banking sector (Adds statement from Barclays, updates shares) By Lawrence

FTSE 100 movers: SAB surges on AB InBev agreement; Royal Mail slumps

(ShareCast News) - London's FTSE 100 was down 1.1% by mid afternoon at 6,304.21 as uninspiring Chinese trade figures and UK inflation data weighed on investors' minds. London-listed brewer SABMiller surged after it agreed in principle to a possible £44 per share takeover offer from Belgium-based Anh

Barclays Says Not Yet Concluded CEO Search Amid Jes Staley Reports

London midday: Equities fall as UK slips into deflation

(ShareCast News) - The UK equities market was under the cosh as the nation unexpectedly slipped into deflation in September. The Office for National Statistics revealed the consumer price index fell 0.1% year-on-year last month, compared to analysts' estimates for a flat reading in line with August.

LONDON MARKET MIDDAY: Weak Chinese Trade Data Keeps Stocks In The Red

WINNERS & LOSERS SUMMARY: SABMiller Accepts Improved AB InBev Offer

BoE says has yet to approve any new CEO at Barclays

LONDON, Oct 13 (Reuters) - The Bank of England has not yet approved any individual as the new chief executive of Barclays bank, a spokeswoman for the BoE said on Tuesday. The BoE's Prudential Regulation Authority arm supervises and vets all top appointments at UK lenders. Barclays is

Barclays says search for new chief still ongoing, despite reports

(ShareCast News) - Reports suggesting Barclays was set to name US investment banker Jes Staley as its new chief over the coming fortnight weighed on the lender's shares, prompting a reaction. The lender responded to the press speculation in the afternoon, saying in a statement that "the process of a

Tuesday newspaper round-up: Barclays, Royal Dutch Shell, Santander

(ShareCast News) - Barclays has chosen a veteran American banker as its new chief executive, signalling a dramatic shift back to its controversial investment bank. Jes Staley, 58, a former JP Morgan banker, is set to be appointed in the next two weeks, subject to regulatory approval. The appointment