Barclays Share News (BARC)

Thursday newspaper round-up: Barclays, Facebook, China

(ShareCast News) - A district court judge in the US has thrown out investor lawsuits against Barclays and a host of exchanges, dismissing claims that the bank rigged its "dark pool" trading venue in favour of high-frequency traders. The multi-district litigation was part of a litany of claims set of

PRESS: US High-Frequency Lawsuit Against Barclays Dismissed - Reuters

UPDATE 1-U.S. high-frequency trading case vs exchanges, Barclays is dismissed

(Adds details from decision, comments, background, case citation, byline) By Jonathan Stempel NEW YORK, Aug 26 (Reuters) - Major U.S. stock exchanges and Barclays Plc on Wednesday won the dismissal of nationwide litigation in which pension funds and other investors accused them of rig

Morgan Stanley turns positive on RBS for first time in six years

(ShareCast News) - Morgan Stanley upgraded its stance on Royal Bank of Scotland to 'overweight' from 'equalweight' and lifted its price target to 400p from 345p as restructuring enters the final furlong. The bank said this marks the first time in six years that it's turning positive on RBS. MS said

UPDATE 1-Dutch state agency picks investment banks for ABN Amro sale

(Adds names of banks, detail and background) By Anthony Deutsch AMSTERDAM, Aug 26 (Reuters) - The Dutch government agency overseeing the privatisation of ABN Amro named eight banks on Thursday to participate in the bank's initial public offering (IPO) of shares. ABN Amro, nation

EU antitrust regulators investigate precious metals trading

By Foo Yun Chee BRUSSELS, Aug 25 (Reuters) - European Union antitrust authorities are investigating possible anti-competitive practices in precious metals trading as they joined other regulators in a crackdown on possible rigging of the markets. The European Commission's action follow

Investec upgrades Barclays to 'buy' but prefers others

(ShareCast News) - Analysts at Investec have upgraded Barclays to 'buy' from 'sell' and held a price target of 270p. Investec said a 15.3% three week correction was the sole reason for the recommendation change, and the bank offers a relatively modest upside on a 12 month view. "However, while we n

Complaints About Packaged Bank Accounts Increase

BROKER RATINGS SUMMARY: Investec Upgrades Lloyds And Barclays To Buy

UK banking complaints grow 8 pct on packaged account concerns

LONDON, Aug 25 (Reuters) - Complaints about Britain's financial firms rose eight percent in the first half of this year after a jump in new cases about packaged bank accounts, the industry's watchdog said on Tuesday. Packaged bank accounts offer a range of additional services -- such as ins

MOVES- Barclays names head of Asia Pacific credit trading

By Daniel Stanton SINGAPORE, Aug 24 (IFR) - Barclays has appointed Alex Aram head of credit trading for Asia Pacific. He previously led the bank's distressed debt business in the region. Aram, who will continue to be based in Tokyo, will oversee Barclays' regional credit business acro

PRESS: Judge Rules Barclays Must Face US Class Action Suit - Reuters

Barclays must face U.S. class action over Libor

By Jonathan Stempel NEW YORK, Aug 20 (Reuters) - Barclays Plc shareholders who accused the British bank in a lawsuit of inflating its stock price by manipulating the interest rate known as Libor may pursue their case as a class action, a U.S. judge ruled on Thursday. U.S. District Ju

MOVES-London Pensions Fund Authority, Alceda, Columbia Threadneedle

(Adds Deutsche Bank, BNY Mellon, BNY Mellon Wealth Management, Barclays) Aug 20 (Reuters) - The following financial services industry appointments were announced on Thursday. To inform us of other job changes, email moves@thomsonreuters.com. DEUTSCHE BANK AG The bank has hired J

MOVES-Barclays takes Villemain for French FIG DCM

By Philip Wright LONDON, Aug 20 (IFR) - Barclays has hired Francois Villemain to work in its French financial institutions debt capital markets business, according to two sources familiar with the matter. Villemain previously worked at Deutsche Bank, where he had been since July 2006,