Barclays Share News (BARC)

UPDATE 1-UK's biggest banks face further $29 bln misconduct bill - S&P

* 'Big 4' already incurred 42 billion pound misconduct bill * S&P sees further PPI charges of over 5 billion pounds (Adds details) LONDON, April 27 (Reuters) - Britain's biggest banks face another 19 billion pounds ($29 billion) of charges relating to past misconduct over the next t

Britain's biggest banks face further $29 billion misconduct bill -S&P

LONDON, April 27 (Reuters) - Britain's biggest banks face another 19 billion pounds ($29 billion) of charges relating to past misconduct over the next two years, ratings agency Standard & Poor's said in a report on Monday. S&P said Britain's banks and customer-owned lenders had incurred 48

UPDATE 1-"Smaller and simpler" mantra rings through banking boardrooms

(Adds detail from Deutsche Bank overhaul) By Steve Slater LONDON, April 27 (Reuters) - Deutsche Bank's plan to jettison much of its German retail bank and withdraw from one in ten countries sees it join a growing list of banks choosing to shrink and simplify to survive. The bene

Atlas Mara to spend $22 mln to build top Rwandan bank

LONDON, April 27 (Reuters) - Atlas Mara, the African bank co-founded by former Barclays boss Bob Diamond, is in talks to invest $22.5 million in Banque Populaire du Rwanda (BPR) and merge it with its existing Rwandan bank. Atlas Mara said on Monday if successfully concluded it will own 45 p

Earnings, Trading Statements Calendar - Week Ahead

Deutsche faces tough task paring back retail, investment banking

* To publish results Sunday, April 26. Poll: * To unveil restructuring details on April 27 at 0600 GMT * Selling Postbank seen tough without booking a loss * Deutsche has "no easy levers to pull" -analyst By Thomas Atkins FRANKFURT, April 25 (Reuters) - If running a

UPDATE 1-Barclays must face U.S. fraud lawsuit tied to 'dark pool' probe

(Adds Barclays' response) By Jonathan Stempel NEW YORK, April 24 (Reuters) - Barclays Plc failed to persuade a U.S. judge to dismiss a lawsuit accusing the British bank of defrauding shareholders about a private "dark pool" trading platform even as it was publicly pledging to clean up

Barclays must face U.S. fraud lawsuit tied to 'dark pool' probe

By Jonathan Stempel NEW YORK, April 24 (Reuters) - Barclays Plc failed to persuade a U.S. judge to dismiss a lawsuit accusing the British bank of defrauding shareholders about a private "dark pool" trading platform even as it was publicly pledging to clean up its corporate culture. U.

UPDATE 2-UK judge paves way for judicial review of swaps redress

* Judge grants application for judicial review of process * Decision could lead to overhaul of compensation scheme * Banks have so far paid out $2.7 billion compensation * Scheme has been criticised by MPs, campaigners (Adds details, comment from judge, lawyer) By Matt S

BUZZ-HSBC: move to HK could see almost $1.4 bln boost to earnings, Bernstein says

** The math behind HSBC returning its HQ to the bank's roots in Hong Kong makes sense, says Bernstein analyst Chirantan Barua ** A move to HK would eliminate the need to pay more than three-quarters of that levy -- a potential boost to earnings of almost $1.4 bln, according to Bernstein. C

Tesco names new brand director after record loss

LONDON, April 24 (Reuters) - Britain's biggest supermarket chain Tesco named Michelle McEttrick as its group brand director, bringing in the former chief marketing officer of the global retail bank at Barclays to help its turnaround. Tesco's new chief executive Dave Lewis is trying to lead

Earnings, Trading Statements Calendar - Week Ahead

"Smaller and simpler" mantra rings through banking boardrooms

By Steve Slater LONDON, April 24 (Reuters) - Deutsche Bank's expected move to sell much of its retail banking business will see it join a growing list of banks choosing to shrink and simplify to survive. The benefits of size and reach, for years considered the holy grail of global ban

Friday newspaper round-up: Conservative campaign, Russia, Barclays

Business leaders have become frustrated at the tactics and tone of the Conservative election campaign, amid concern in British boardrooms that Ed Miliband is mounting a stiffer challenge for Number 10 than expected. Twenty FTSE 100 and other business leaders have told the Financial Times they are an

Earnings, Trading Statements Calendar - Week Ahead