Barclays Share News (BARC)

INSIGHT-European bank mergers still face hurdles post-stress tests

* Regulatory "banking nationalism" not dead despite ECB role * Capital protection, secrecy, company law among obstacles * Cross-border bank mergers rarely work, offer few synergies By Paul Taylor PARIS, Oct 12 (Reuters) - Health checks on Europe's banks may reveal takeover

ConvergEx CEO says firm's "dark pools" being remodeled

By John McCrank NEW YORK, Oct 10 (Reuters) - ConvergEx Group LLC is revamping its two alternative trading systems, or "dark pools," due in part to expectations of tighter industry regulations, Eric Noll, chief executive of the brokerage and trading services provider, said on Friday.

UPDATE 2-Puerto Rico pays heavy price in $1.2 bln note sale

(Adds Moody's quote, details of transaction) By Edward Krudy NEW YORK, Oct 10 (Reuters) - Puerto Rico paid a steep price to complete a $1.2 bln short-term financing deal on Friday as bonds of the indebted commonwealth slipped to a three-month low and recent data showed the economy and

UPDATE 1-Puerto Rico pays heavy price in $1.2 bln note sale

NEW YORK, Oct 10 (Reuters) - Puerto Rico paid a steep price to complete a $1.2 bln short-term financing deal on Friday as the bonds of the indebted commonwealth slipped to a three-month low and recent data showed the economy and tax revenues continue to be a concern. Puerto Rico paid an int

MOVES-Noble Group, Wells Fargo and Four Capital

Oct 10 (Reuters) - The following financial services industry appointments were announced on Friday. To inform us of other job changes, email moves@thomsonreuters.com. NOBLE GROUP LTD The Asian commodity trader's global cocoa trading chief has left the Hong Kong-based commodity merchan

Puerto Rico completes $1.2 bln note sale -Government Development Bank

NEW YORK, Oct 10 (Reuters) - Puerto Rico completed the sale of $1.2 billion short-term financing notes, paying an interest rate of nearly 8 percent to borrow money until next June, the commonwealth's Government Development Bank (GDB) said on Friday. The GDB said $700 million of the notes ar

Bank Of England To Release Bank Stress Test Results December 16

UPDATE 1-Bank of England had cash ready in case Scotland chose independence

* BoE was ready to pump in liquidity if Scotland voted 'yes' * Extra banknotes ready in case of rush of withdrawals * FPC sets date to decide new bank leverage ratio * BoE mulls higher countercyclical capital requirements (Adds detail) By David Milliken and Steve Slater<

Bank of England to publish UK bank stress test results on Dec. 16

LONDON, Oct 10 (Reuters) - The Bank of England said on Friday that it would publish the results of its stress test of the British banking system on Dec. 16 at 0700 GMT, alongside its half-yearly financial stability report. The BoE had received banks' initial stress test submissions and was

MOVES-Citigroup, Lloyds, BNP Paribas, BankInvest

Oct 10 (Reuters) - The following financial services industry appointments were announced on Friday. To inform us of other job changes, email moves@thomsonreuters.com. CITIGROUP INC The company hired Garo Torossian to head up its RMBS distribution business from RBS where he covered ass

MOVES-Lloyds hires Barclays' Appen for top financial role

By Aimee Donnellan LONDON, Oct 10 (IFR) - Lloyds has hired Allen Appen from UK rival Barclays to head its financial institutions capital and asset-backed solutions business, reporting to head of capital markets James Garvey. Appen spent the last 21 years with Barclays, and was most re

Bank of England FPC sheds light on plans for Scottish independence vote

LONDON, Oct 10 (Reuters) - The Bank of England shed light on Friday on some of its contingency plans if Scotland had voted in favour of independence last month, saying it was ready to supply extra bank notes and pump extra liquidity into banks. A record of the BoE Financial Policy Committee

EXCLUSIVE-Share sale of UK's Lloyds on hold until dividend approved -sources

* Bank needs dividend go-ahead for sale to happen -sources * Lloyds is in talks with regulator over paying dividend * Outcome of dividend talks remains uncertain -sources * Shares need to be trading above 80 pence for sale -sources By Matt Scuffham LONDON, Oct 9 (Reu

Thursday tips round-up: TSB, Virgin,Marston's

The long list of challenger banks, both those who have recently floated as well as those which are waiting in the wings to do so, enjoy some important advantages over their big four rivals (HSBC, Barclays, Lloyds, RBS). Namely, they lack the legacy problems which are dogging their competitors and th

UPDATE 1-Barclays to pay $20 mln to settle US class action over Libor

(Adds details on settlement, background on case, comments from lawyer and Barclays) By Nate Raymond NEW YORK, Oct 8 (Reuters) - Barclays Plc has agreed to pay nearly $20 million to resolve a U.S. class action lawsuit accusing the British bank of manipulating the Libor benchmark intere