Barclays Share News (BARC)

Friday broker round-up

(ShareCast News) - Anglo American: SocGen reiterates hold but trims target to 950p from 1090p. ARM Holdings: Investec reiterates buy and 1,140p target. Barclays: Investec downgrades to sell with 265p target. Capita: Morgan Stanley ups target to 990p from 950p and reiterates underweight. RBS: Inve

Broker tips: Barclays, ARM Holdings, GKN, Ocado, Savills

(ShareCast News) - Investors' faith in the heir designate at Barclays may not be misplaced, quite the contrary, but in the short-term his plans for a "strategic acceleration" means earnings may be even weaker, Investec said. The analyst downgraded the bank's shares to 'sell' from 'hold' and lowered

Investec downgrades Barclays to sell, trims target price

(ShareCast News) - Investors' faith in the heir designate at Barclays may not be misplaced, quite the contrary, but in the short-term his plans for a "strategic acceleration" means earnings may be even weaker, Investec said. That comes after the bank's valuation recovered to 1.0 times tangible net a

BROKER RATINGS SUMMARY: Investec Cuts Barclays To Sell From Hold

Barclays to pay $800,000 fine for U.S. data reporting errors

By John McCrank NEW YORK, July 16 (Reuters) - Wall Street's self-funded watchdog fined a unit of Barclays PLC $800,000 for violations related to how the bank reported stock trades over a more than two-year period, hampering the regulator's ability to properly monitor the market. The F

Where Apple leads, payment wristbands ready to tap 'wearables' boom

* Watches, rubber wristbands lead rise of wearables * Apple Pay launch set to help growth in contactless * 75 mln wearables expected to be shipped this year -analyst * 29 mln wearables shipped in 2014 * More than 340 mln wearable payment units seen used by 2018 By St

Barclays insists Rake will stay on board until new CEO is found

(ShareCast News) - Barclays has confirmed deputy chairman Michael Rake will continue to serve on the bank's board until a replacement is found, following his appointment as chairman of payment processing company Worldpay. "Barclays wishes to make clear that Sir Michael Rake will continue to serve on

UPDATE: Rake To Remain At Barclays Until New Chief Executive Is Hired

TOP NEWS SUMMARY: Ofcom Could Put Broadband Network Out Of BT's Reach

Barclays Says Rake To Stay Until New Chief Executive Is Appointed

Thursday newspaper round-up: Capital requirements, UK, Barclays

(ShareCast News) - Senior officials in Brussels have said that European banks could have their capital requirements slashed, only six years after a financial crisis during which lenders collapsed or needed multibillion-pound state rescues because of their lack of an adequate loss buffer. Lord Hill o

Michael Rake to leave Barclays for Worldpay

(ShareCast News) - Payments processing company Worldpay said on Wednesday that Michael Rake, who is currently deputy chairman of Barclays, will leave the bank to become its chairman in September, subject to regulatory approval. Earlier, Barclays responded to media speculation regarding Drake's posit

British banks complain of $62 billion extra tax bill

* Banks being singled out for new "punitive taxes" -BBA * Burden makes it harder for banks to lend -BBA By Matt Scuffham LONDON, July 15 (Reuters) - Britain's banks will have been hit by an additional 40 billion pound ($62 billion) tax bill by the end of this decade, harming the

MOVES- Barclays, Citigroup, Willis, Permira

(Adds Willis, Permira) July 15 (Reuters) - The following financial services industry appointments were announced on Wednesday. To inform us of other job changes, email moves@thomsonreuters.com. BARCLAYS PLC The British bank appointed Victor Wang director, head of China financial

UPDATE 2-Worldpay heads for listing after picking Barclays' Rake as chairman

* Move signals likely Worldpay IPO in London, maybe this year * Worldpay could be valued at about 6 bln stg -sources * Rake to stay Barclays deputy chairman until end of year * Rake played key role in ousting of Barclays CEO last week (Adds confirmation from Worldpay, comment