Barclays Share News (BARC)

UK watchdog to set 2-year time limit on PPI claims

LONDON, Oct 2 (Reuters) - Britain's financial regulator said it planned to impose a two-year deadline for customers to claim compensation for mis-sold loan insurance, drawing a line under Britain's costliest consumer finance scandal. The Financial Conduct Authority (FCA) said on Friday it p

PRESS: JPMorgan To Pay Most In Credit Default Swaps Settlement

UPDATE 1-JPMorgan to pay most in $1.86 bln swaps price-fixing settlement -Bloomberg

(Adds comments from the banks, paragraph 4) Oct 1 (Reuters) - JPMorgan Chase & Co is set to pay almost a third of a $1.86 billion settlement to resolve claims that a dozen big banks conspired to limit competition in the credit-default swaps market, Bloomberg reported. JPMorgan is payi

UK regulator deadlocked on bank compensation decision -sources

LONDON, Oct 1 (Reuters) - Britain's financial regulator last week failed to reach a decision on key aspects of the compensation Britain's banks will potentially have to pay customers, meaning guidance is unlikely until late this month, industry sources said. The Financial Conduct Authority'

UPDATE 1-Bank of England says might raise top-up capital buffer for banks

(Adds details from statement, background) By William Schomberg and Andy Bruce LONDON, Oct 1 (Reuters) - The Bank of England has signalled that it might raise for the first time the amount of capital that banks must set aside as extra protection against risks from future crises, saying

Lawyers circle as Europeans eye new route to FX-rigging payouts

* UK Consumer Rights Act comes into force on Oct. 1 * Allows "opt-out" class actions for UK antitrust cases * Lawyers say UK-based FX claims may take traditional route By Kirstin Ridley LONDON, Oct 1 (Reuters) - Large companies and fund managers in Britain looking to sue b

Ex-Barclays traders facing UK Libor charges may pursue U.S. fee case

By Jonathan Stempel NEW YORK, Sept 30 (Reuters) - Three former Barclays Plc traders facing U.K. charges that they conspired to manipulate Libor may pursue a U.S. lawsuit seeking to force the bank to keep paying their legal fees, a federal judge ruled on Wednesday. U.S. District Judge

UPDATE 1-UK regulator says insurance mis-selling complaints fall

* Complaints about loan insurance down 16.6 percent * Overall complaints against banks down 2.1 percent (Adds details) LONDON, Sept 30 (Reuters) - Britain's financial regulator said complaints about the mis-selling of loan insurance by banks and other financial firms fell by 16.6 pe

UK regulator says insurance mis-selling complaints have declined

LONDON, Sept 30 (Reuters) - Britain's financial regulator said complaints about the mis-selling of loan insurance by banks and other financial firms fell by 16.6 percent in the first half of 2015, compared with the six months before. The data, published on Tuesday, will raise financial indu

Barclays says to exit non-core Bmarkets business in Europe

MILAN, Sept 29 (Reuters) - Barclays said on Tuesday it was exiting its non-core Bmarkets business in Europe as part of a wider strategy review it unveiled last year. The company said in a statement Bmarkets, designed to help distribute financial products in France, Italy, Germany and Switze

F&C UK Real Estate Total Return Driven By Strong UK Property Market

mporium Loss Widens As It Shifts Strategy, Appoints Chairman (ALLISS)

Nomura still bullish on UK domestic banks, Barclays and Lloyds among top picks

(ShareCast News) - Nomura remains bullish on domestic UK banks, highlighting Barclays and Lloyds Banking Group among its top five picks in the sector. It said that despite a number of headwinds facing the UK banks, they appear well positioned relative to peers in terms of capital, underlying profita

UPDATE 4-Swiss watchdog opens bank probe into precious metal collusion

* Swiss competition body opens precious metals market probe * Looking at possible collusion in prices by some banks * Banks include UBS, Julius Baer, Deutsche and Barclays (Adds comment from Mitsui, changes date to Sept 29) By Joshua Franklin and Jan Harvey ZURICH/LONDON

BROKER RATINGS SUMMARY: S&P Capital IQ Raises Shell To Buy From Hold