Barclays Share News (BARC)

Friday broker round-up

(ShareCast News) - Anglo American: Citi upgrades to neutral. Ashmore: Jefferies reiterates buy but shaves target price to 373.5p, Cannacord reiterates hold. Aviva: Barclays reiterates neutral stance and nudges target to 637p from 632p, Berenberg keeps at sell. BaE Systems: Berenberg upgrades to bu

UPDATE 1-UK's BoE proposes stricter rule for banks to calculate capital

* New proposals would take effect from next year * Consultation on proposals until Oct. 12 (Recasts with comments from consultation paper, background) By Huw Jones LONDON, July 10 (Reuters) - Britain's banks could have to use a stricter method than global peers for calculating

CORRECTED-UK regulator wants banks to report leverage ratios based on daily averages

(Corrects to clarify ratios not being published daily) LONDON, July 10 (Reuters) - Britain's financial regulator on Friday announced proposals for banks and other financial firms to report and disclose what capital they hold based on daily averages from 2016 in a move designed to promote th

UK regulator asks banks to report leverage ratio daily from 2016

LONDON, July 10 (Reuters) - Britain's financial regulator on Friday announced proposals for banks and other financial firms to report and disclose what capital they hold on a daily basis from 2016 in a move designed to promote their "safety and soundness". The Prudential Regulation Authorit

UPDATE 1-Barclays may not pick new CEO until spring 2016

* Search for new CEO could stretch to next year * Insider Morzaria tipped for top job * Other European banks have new CEOs in place (Adds details, report on investment bank boss leaving) By Steve Slater and Olivia Oran LONDON/NEW YORK, July 10 (Reuters) - British bank Ba

Barclays may not pick new CEO until spring 2016

LONDON/NEW YORK, July 10 (Reuters) - Barclays may not pick its next chief executive until early next year, potentially leaving new Chairman John McFarlane in charge for at least eight months. McFarlane fired Antony Jenkins as chief executive on Wednesday and said he was in no rush to name a

MOVES-Barclays promotes Pratt, names co-heads for APAC debt

By Daniel Stanton SINGAPORE, July 10 (IFR) - Barclays has promoted Jon Pratt to head of banking, Hong Kong, and chairman of global finance, Asia Pacific. He was previously head of DCM for Asia Pacific and has been in Hong Kong for 15 years. Guy Smith and Avinash Thakur have been named

BROKER RATINGS SUMMARY: Citi Raises BHP Billiton And Rio Tinto To Buy

MEDIA-Barclays' investment chief Tom King to retire by next March - The Times

-- Source link: (http://thetim.es/1Hh6mOu) -- Note: Reuters has not verified this story and does not vouch for its accuracy

MOVES- Barclays, Credit Suisse, Goldman Sachs

(Adds BMO Financial Group, Moelis & Co) July 9 (Reuters) - The following financial services industry appointments were announced on Thursday. To inform us of other job changes, email moves@thomsonreuters.com. BARCLAYS The British bank is moving one of its top prime brokerage exe

Thursday share tips: Barclays, Bwin.party

Barclays chairman John Mcfarlane has decided Antony Jenkins's time is up. That is somewhat surprising. Jenkins has successfully begun the slow process of rebuilding the lender's reputation. Nevertheless, at 70% the bank's cost-to-income ratio is still too high. In parallel, its return on equity - ev

UPDATE 2-U.S. IRS cracks down on hedge funds' tax strategy

(Changes sourcing to IRS document from New York Times; adds background) July 9 (Reuters) - The U.S. Internal Revenue Service is cracking down on hedge funds, challenging a tax strategy called "basket options" that they have used to avoid taxes estimated at billions of dollars. Under I

Thursday broker round-up

Ashmore: RBC keeps at underperform. Aggreko: Exane reiterates underperform recommendation and 1,250p target. Anglo American: Investec stays at hold on the miner's South African-listed shares. Associated British Foods: Credit Suisse stays at outperform and sets a target price of 3,250p. Barclays:

Simplify, shrink, motivate, the mission for Europe's new bank bosses

* Barclays 4th big European bank to change CEO this year * Shares rally each time, adding $8 bln to market values * Credit Suisse up 8 pct, StanChart and Deutsche also rose * New CEOs to cut costs, simplify and maybe raise cash * Barclays needed "someone to motivate" staff

Barclays said to be in talks to sell retail operations in Italy and Portugal

Barclays is reportedly in talks with potential buyers of its retail operations in Italy and Portugal as part of an asset disposal programme which the bank's next chief executive will be under pressure to accelerate after Antony Jenkins was ousted on Wednesday. According to Sky News, Barclays has iss