Barclays Share News (BARC)

Tuesday newspaper round-up: Bank of England, Capital buffers, Bank regulation

(ShareCast News) - The Bank of England will be made to show that it is providing taxpayers with value for money under reforms unveiled today by George Osborne. Mark Carney, the governor, has agreed to open the Bank's books to the National Audit Office (NAO), bringing it into line with government dep

BUZZ-I-banks: over to Europe

** With major US investment banks' quarterly results out of the way focus shifts to European peers which will report Q2 results over the next 10 days ** Broad trends seen among US banks -- weak to sluggish FICC and IB revenue offsetting strong equities revenue -- expected to repeat in Europ

London close: Losses in commodities keep a lid on Footsie

(ShareCast News) - Softness in commodity markets kept a lid on equities in London, with some traders pointing out there was still margin for further downside moves in the likes of oil and gold, as investors monitored events in Greece. In the afternoon the International Monetary Fund said Greece has

Barclays names Alexander Doll CEO of German business

FRANKFURT, July 20 (Reuters) - Barclays has appointed Alexander Doll to be chief executive of its German business, according to an internal memo seen by Reuters. Doll, who has served as co-CEO of Barclays in Germany alongside Ralf Herfurth since 2013, will also act as head of banking for Ge

London midday: Commodities weigh on equity gains, further gold and oil downside eyed

(ShareCast News) - Softness in commodities markets were limiting gains on equities come midday in London, with some traders pointing out there was still margin for further downside moves in the likes of oil or gold, as investors monitored events in Greece. That followed a wave of selling in gold dur

TOP NEWS SUMMARY: Greece Starts Paying ECB And IMF As Banks Re-Open

London open: Global banks lead early gains, Aveva rockets

(ShareCast News) - Risk appetite in markets was muted but positive in early trading as traders' eyes turned again towards Greece given the dearth of economic data due out on Monday. Greek banks reopened their doors and limits on cash withdrawals were relaxed slightly as the country prepared to pay b

Barclays reportedly plans to cut 30,000 jobs

(ShareCast News) - Barclays is reportedly planning to cut more than 30,000 jobs in the next two years, just days after the bank ousted chief executive Antony Jenkins. According to sources cited by the Times on Sunday, the cuts - which are seen as the only way to address the bank's underperformance a

UPDATE 1-Barclays has not set new target for job cuts -sources

* No new target beyond plan for 19,000 cuts * Newspaper reported bank could cut 30,000 positions * New technology could drive headcount reduction -sources (Recasts, adds details on strategy from sources) By Matt Scuffham July 19 (Reuters) - Barclays has set no new target

Monday newspaper round-up: Barclays, Greece, BAE Systems

(ShareCast News) - Barclays is planning to cut more than 30,000 of its staff within two years as the struggling bank considers accelerating a group-wide cost-cutting programme after firing Antony Jenkins, its chief executive, this month. A radical redundancy programme that could lead to the lender's

LONDON BRIEFING: AVEVA Shares Jump As It Agrees Reverse Takeover

PRESS: Barclays To Cut More Than 30,000 Jobs - The Times

Barclays plans to cut more than 30,000 jobs - The Times

July 19 (Reuters) - Barclays Plc plans to cut more than 30,000 jobs within two years after firing Chief Executive Antony Jenkins this month, The Times reported on Sunday. This redundancy program, which could reduce the bank's global workforce below 100,000 by 2017 end, is considered as the

MEDIA-Barclays takes the axe to 30,000 jobs - The Times

-- Source link: (http://thetim.es/1CKc13g) -- Note: Reuters has not verified this story and does not vouch for its accuracy

MEDIA-New Barclays chair McFarlane to join Treasury taskforce - Sky News

-- Source link: (http://bit.ly/1JqzG5A) -- Note: Reuters has not verified this story and does not vouch for its accuracy