Barclays Share News (BARC)

Western banks axed 59,000 jobs last year, more cuts to come in Europe

* More than 160,000 jobs lost across 24 banks in two years -data * U.S. banks axed 7.4 pct of staff, European lenders cut 4.1 pct * Euro zone banks need further cuts to improve returns -analysts * Move to digital banking could add to pressure on jobs By Steve Slater

MOVES-Moelis appoints Benjamin Reitzes as a managing director

March 27 (Reuters) - Independent investment bank Moelis & Co appointed Benjamin Reitzes as a managing director, effective June. Reitzes will provide financial and strategic advice to clients in the company's technology advisory business. He joins Moelis from Barclays Plc and earlier

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Goldman climbs to top commodity bank ranking over JP Morgan

LONDON, March 27 (Reuters) - Goldman Sachs became the top commodities bank last year, overtaking rival JP Morgan , a consultancy said on Friday. Goldman had the largest commodity revenues of any investment bank last year, financial industry analytics firm Coalition said in a report. It did

BROKER RATINGS SUMMARY: Liberum Cuts Wolseley To Hold From Buy

Goldman Sachs beats JP Morgan to commodities trading top spot

Goldman Sachs has beaten investment banking rival JP Morgan to claim the accolade of the largest bank by commodities revenue, after the latter divested its raw materials business. According to London-based analytics firm Coalition, JP Morgan was ranked second in 2014, followed by Morgan Stanley. In

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MEDIA-Former Ofcom Chief Ed Richards to lead bank body overhaul - Sky News

-- Source link: (http://bit.ly/19nN67i) -- Note: Reuters has not verified this story and does not vouch for its accuracy

Italian banker Profumo acquitted in tax fraud case - sources

ROME, March 26 (Reuters) - Italian banker Alessandro Profumo and 19 other bank managers have been acquitted in a 245 million euro ($267 million) tax fraud case at lender UniCredit , judicial sources said. The case centred on suspected tax fraud in 2007 and 2008 resulting from a complex fina

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BUZZ-Barclays: playing catch-up with peer group

** Barclays back at attractive entry point versus peers with traders looking to play strength into results on Apr. 29 ** Stock is up 12.2 pct since YTD lows on Jan. 15 but has lagged peers benefiting from an improved macro backdrop ** Spread v Deutsche Bank its widest since October 20

UK mortgage approvals rise for 2nd month in February - BBA

LONDON, March 25 (Reuters) - Mortgages approved by British banks rose in February for a second month in a row, adding to signs that a slowdown in the British housing market may have bottomed out, the British Bankers' Association said on Wednesday. Mortgage approvals for house purchase rose

UPDATE 1-Borse Dubai to sell $2.2 bln stake in London Stock Exchange -source

(Adds details and background) By Freya Berry LONDON, March 25 (Reuters) - Borse Dubai, the biggest investor in the London Stock Exchange is selling its stake in the British exchange, which will raise around 1.5 billion pounds ($2.23 billion). The sale of the 17.4 percent holding

Borse Dubai selling stake in London Stock Exchange -source

LONDON, March 25 (Reuters) - Borse Dubai is selling its remaining 17.4 percent stake in London Stock Exchange via an accelerated book building process, a source familiar with the situation said on Wednesday. Bank of America, Barclays and Nomura are joint bookrunners on the stake sale, which

MARKET COMMENT: FTSE 100 Falls Below 7,000; FTSE 250 Ends Run Of Gains