Barclays Share News (BARC)

In FX rigging: "If you ain't cheating, you ain't trying"

By Kirstin Ridley LONDON, May 20 (Reuters) - Foreign exchange traders clubbed together in a brazen "heads I win, tails you lose" strategy to rip off customers as they rigged the $5 trillion-per-day currency market, British and U.S. authorities said on Wednesday. Transcripts released a

London close: Vodafone, banks lead markets higher but Greek concerns weigh

Decent gains from blue chips Vodafone, Barclays and RBS gave UK stock markets a lift on Wednesday, with the Footsie settling above the 7,000 level for the first time in seven sessions. The FTSE 100 finished 12.16 points higher (+0.17%) at 7,007.26, a level it has not closed above since 11 May. Howe

Banks to get SEC waivers following forex guilty pleas -sources

NEW YORK/LONDON, May 20 (Reuters) - Citigroup Inc and JPMorgan Morgan Chase & Co are receiving regulatory waivers to allow them to continue to quickly issue new securities and continue doing business with mutual funds and exchange-traded funds, according to two people familiar with the matter.Read more

2ND UPDATE: Six Banks Fined USD5.7 Billion By US And UK Authorities

LONDON MARKET CLOSE: Stocks End Mixed; Barclays, RBS Gain After Fines

UPDATE: Six Banks Fined USD5.7 Billion By US, UK Authorities

Barclays and RBS among banks fined $5.6bn for forex rigging

Five global banks including the UK's Barclays and Royal Bank of Scotland have agreed to pay over $5bn in combined fines and will plead guilty to criminal charges over the rigging of foreign exchange markets. After a long-standing US probe into whether traders at the institutions conspired to fix for

Barclays agrees $115 mln ISDAfix settlement with CFTC

LONDON, May 20 (Reuters) - Barclays was fined $115 million by the U.S. Commodity Futures Trading Commission on Wednesday to settle an investigation into the setting of the ISDAfix benchmark, in addition to a fine for currency market manipulation. The British bank pleaded guilty to a U.S. cr

Barclays agrees $115 mln ISDAfix settlement with CFTC

LONDON, May 20 (Reuters) - Barclays was fined $115 million by the U.S. Commodity Futures Trading Commission on Wednesday to settle an investigation into the setting of the ISDAfix benchmark, in addition to a fine for currency market manipulation. The British bank pleaded guilty to a U.S. cr

UPDATE 2-Five global banks to pay $5.7 bln in fines over rate rigging

(Adds details of fines, charges, Bank of America settlement.) By Karen Freifeld NEW YORK, May 20 (Reuters) - Five of the world's largest banks, including JPMorgan Chase & Co and Citigroup Inc , were fined roughly $5.7 billion, and four of them pleaded guilty to U.S. criminal charges o

BUZZ-RBS and Barclays rally on FX fine relief

** Barclays and RBS both rally as US finalises fines for FX price fixing ** Traders say news removes uncertainty around judgment ** Barclays up 3.2 pct, second top riser on FTSE 100 , RBS also extending gains to trade up 2 pct (4th top on FTSE) ** Both among most traded on the i

Barclays Fined USD2.4 Billion In Forex Scandal, RBS USD669 Million

REFILE-Barclays fined $2.4 bln for FX manipulation, to fire 8 staff

(Removes 'Hold' from headline, no changes to text) LONDON, May 20 (Reuters) - Barclays Plc pleaded guilty to a U.S. criminal charge and was fined $2.4 billion by U.S. and British authorities on Wednesday for manipulating foreign exchange rates. The British bank also agreed to fire eig

Five global banks to plead guilty, pay $5.7 bln on rate rigging

NEW YORK/WASHINGTON, May 20 (Reuters) - Authorities fined five of the world's largest banks, including JPMorgan Chase & Co and Citigroup, roughly $5.7 billion and four of them agreed to plead guilty to U.S. criminal charges over manipulation of foreign exchange rates, the U.S. Department of Just

LONDON MIDDAY BRIEFING: M&S Rises, Burberry Hit By Currency Moves