Barclays Share News (BARC)

Forex transfer firms give pricey UK banks a run for their money

* Online money transfer firms undercut banks' high fees * Banks' selling point, security, undermined by scandals * Banks eye, sometimes buy, rivals; keep markups for now By Patrick Graham LONDON, Nov 16 (Reuters) - Working out of a shared office near London's Euston statio

RPT-Bankers and regulators could be grilled by UK lawmakers over forex fines

(Repeats to additional Reuters instrument code) * Lawmakers to decide on hearings next week -sources * Committee members express anger over forex scandal * BoE deputy governor to give evidence next week By Kirstin Ridley and Matt Scuffham LONDON, Nov 14 (Reuters) - B

Audioboom Signs Range Of New Content Partners

UPDATE 1-UK hands fraud agency all funds needed for forex probe -source

* Serious Fraud Office launched criminal probe in July * Finance Minister Osborne commits funding in letter to SFO (Adds details) LONDON, Nov 14 (Reuters) - Britain's finance ministry will hand the country's anti-fraud agency all the funds it needs to conduct a criminal investigatio

Oil a bright spot as commodity revenue growth falters at major banks

LONDON, Nov 14 (Reuters) - Active trading on oil markets was a bright spot in otherwise lacklustre commodities revenue growth at the top investment banks in the nine months to October, a consultancy said. Revenue from commodities for the leading 10 banks rose 8 percent to $4.3 billion, shar

Top 10 investment bank revenues rise in Q3 - survey

* Q3 revenue at top 10 investment banks $36.5 bln * FICC revenue up 16 pct amid higher volatility * FY revenue to be little changed LONDON, Nov 13 (Reuters) - Banks' financial trading revenues rose in the third quarter thanks to an increase in market volatility, but the rise was

UK hands fraud agency all funds needed for forex probe -source

LONDON, Nov 14 (Reuters) - Britain's finance ministry will hand the country's anti-fraud agency all the funds it needs to conduct a criminal investigation into alleged rigging of the $5.3 trillion-a-day currency market, a Treasury source said. Finance minister George Osborne has written to

MEDIA-Barclays shareholders wanted forex deal -FT

-- Source link: (http://on.ft.com/14iHs4p) -- Note: Reuters has not verified this story and does not vouch for its accuracy

FTSE 250 movers: St. Modwen climbs as Electrocomponents slides

St. Modwen Properties rose after announcing that its 50/50 joint-venture French partner Vinci has been granted planning permission to redevelop the 57-acre New Covent Garden Market site in south London. The major 10-year project will see the delivery of over 500,000 square feet of new state-of-the-a

New British financial watchdog to open bank payments to competition

By Huw Jones LONDON, Nov 13 (Reuters) - Britain's newest regulator set out on Thursday how it will wrest strategic direction of the 75 trillion pound ($118 trillion) payments sector from its big bank owners to spur competition. The payments system forms the vital plumbing that allowed

Barclays faces larger fine as New York DFS seeks more 'severe' penalty

Barclays may be facing a much larger regulatory fine for forex rigging because New York's Department of Financial Services (DFS) refused to join with other regulators in agreeing a group settlement with the bank. New York's chief banking regulator, Benjamin Lawsky, told Barclays last week that he wo

Tritax Big Box NAV Rises In Third Quarter; Buys Doncaster Property

UPDATE 6-Regulators fine global banks $4.3 bln in currency investigation

* FCA fines five banks $1.77 bln; U.S. CFTC fines them $1.48 bln * Switzerland claws back 134 mln Swiss francs from UBS * OCC fines three U.S. banks, including Bank of America, $950 mln * More penalties expected from U.S. and UK criminal inquiries (Updates to add links to Brea

UPDATE 2-Barclays pulled out of FX settlement due to NY regulator -sources

(Updates with Breakingviews links) By Steve Slater LONDON, Nov 12 (Reuters) - Barclays did not join a group settlement over the alleged manipulation of foreign exchange rates because of complications with its regulator in New York, people familiar with the matter said. London-ba

UK's Operation Dovercourt forex probe comes in on time

By Steve Slater and Kirstin Ridley LONDON, Nov 12 (Reuters) - A year ago Tracey McDermott marked mid-November 2014 in her diary for when British regulators and their U.S. counterparts should aim to bring big banks to a co-ordinated settlement over allegations that they had manipulated curre