Barclays Share News (BARC)

UPDATE 2-Barclays fails to win dismissal of NY 'dark pool' lawsuit

(Adds details from decision, Schneiderman comment, background) By Jonathan Stempel NEW YORK, Feb 13 (Reuters) - A New York judge on Friday rejected Barclays Plc's effort to dismiss state Attorney General Eric Schneiderman's lawsuit accusing it of defrauding clients about high-speed tr

Barclays fails to win dismissal of NY 'dark pool' lawsuit

NEW YORK, Feb 13 (Reuters) - A New York judge on Friday rejected Barclays Plc's effort to dismiss state Attorney General Eric Schneiderman's lawsuit accusing it of defrauding clients about its private securities trading platform, known as a dark pool. Justice Shirley Werner Kornreich of the

UPDATE 1-U.S. retailers gaining upper hand in partnerships with banks

(Adds link to related Reuters BREAKINGVIEWS column) By David Henry NEW YORK, Feb 13 (Reuters) - U.S. banks are finding that "co-branded" credit cards they offer with retailers, airlines, hotels and other consumer companies are increasingly a lousy business, one not likely to get bette

U.S. retailers gaining upper hand in partnerships with banks

By David Henry NEW YORK, Feb 13 (Reuters) - U.S. banks are finding that "co-branded" credit cards they offer with retailers, airlines, hotels and other consumer companies are increasingly a lousy business, one not likely to get better soon, industry executives said. Stiff competition

EU mergers and takeovers (Feb 13)

BRUSSELS, Feb 13 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS -- Canadian asset manager Brookfield Infrastructure Fund to acquire broadcasting and wireless telecom infrastructure pl

UPDATE 1-UK lawmakers release details of swaps redress scheme

* Firms have lobbied for agreement to be released * Many firms unhappy with compensation process * Tyrie says regulator took too long to co-operate (Adds comment from lawmaker Tyrie, swaps adviser) By Matt Scuffham and Steve Slater LONDON, Feb 12 (Reuters) - British lawm

UK lawmakers release details of bank mis-selling redress scheme

LONDON, Feb 12 (Reuters) - British lawmakers published the terms of an agreement between the financial regulator and nine banks in 2012 setting out how lenders should compensate customers wrongly sold complex hedging products, saying the details needed to be made public. The Financial Condu

MEDIA-In wake of financial crisis, Goldman sticks with trading as rivals retreat - WSJ

-- Source link: (http://on.wsj.com/1E2V6EO) -- Note: Reuters has not verified this story and does not vouch for its accuracy

UPDATE 1-British watchdog says bank competition still falls short

* Competition watchdog could order bank break-ups * Watchdog could order clearer pricing, comparisons * TSB CEO says consolidation could boost competition (Adds comments from TSB Chief Executive) By Matt Scuffham LONDON, Feb 11 (Reuters) - Moves to improve competition wi

British watchdog says bank competition still falls short

* Competition watchdog could order bank break-ups * Watchdog could order clearer pricing, comparisons * Tesco Bank CEO says some banks offering a poor deal By Matt Scuffham LONDON, Feb 11 (Reuters) - Moves to improve competition within Britain's banking industry have not y

UPDATE 2-NY financial regulator subpoenas banks in forex probe - sources

(Adds possible coordination with federal authorities, declined comment from SocGen) By Karen Freifeld Feb 10 (Reuters) - New York's financial regulator has sent subpoenas to Goldman Sachs, Credit Suisse, BNP Paribas and Societe Generale, expanding its probe into the possible rigging o

MARKET COMMENT: London Shares End Mixed Ahead Of Greek Debt Meeting

UK lawmakers, watchdog spar over rate swaps compensation

By Huw Jones LONDON, Feb 10 (Reuters) - A scheme for compensating companies mis-sold complex products by banks to shield against interest rate hikes is skewed in favour of the lenders, British lawmakers said on Tuesday. The scheme was set up by the Financial Conduct Authority to requi

Lloyds CEO calls for greater banking choice for small businesses

* Lloyds CEO says should be easier for firms to switch banks * Lloyds to contribute 5 mln stg to industry fund LONDON, Feb 10 (Reuters) - The head of Lloyds Banking Group has called for greater competition in providing banking services to small firms, including making it easier to sw

UK MIDDAY BRIEFING: HSBC Under Pressure But Set For China Sale Gain