Barclays Share News (BARC)

London pre-open: Stocks set for modest gain after Fed offers no surprises

London-listed stocks are set for a modest gain on Thursday morning, after the Federal Reserve surprised no one with its decision to terminate its third round of quantitative easing. City sources predict the FTSE 100 will open around 12 points above Wednesday's close of 6,453.87. The Fed also opted

Barclays Pretax Profit Rises Despite GBP500 Million Forex Probe Hit

CORRECTED-Barclays sets aside $800 mln for FX probe, Q3 profits up

(Changes percentage increase in para 2) LONDON, Oct 30 (Reuters) - Barclays Plc has set aside 500 million pounds ($799 million) to cover potential fines for manipulating currency markets, taking the shine off a rise in third quarter profits as it cut costs. The British bank on Thursda

MARKET COMMENT: London Stocks To Open Higher Despite Hawkish Fed

Barclays Q3 profits beat expectations as costs slashed - UPDATE

Barclays unveiled a third-quarter adjusted pre-tax profit well ahead of forecast as it held costs to a five-year quarterly low and made a £670m provision against fines for rigging forex and PPI mis-selling. The bank, which it emerged on Thursday morning has been sued for $10bn in damages by a Saudi

Barclays sued for $10bn by Saudi businessman

Barclays acted "corruptly" to further its own interest in Saudi Arabia, according to a businessmen who is suing the bank for $10bn in damages. Sheikh Mohamed Bin Issa Al Jaber, who owns property firms MBI International and Jadawel International, claims that the UK bank "betrayed its duty" by ceasing

PRESS: Barclays Sued By Saudi Real Estate Group For USD10 Billion - Reuters

PRESS: UK Banks To Take GBP1 Billion Hit As Forex Deal Looms - Sky News

UPDATE 1-Cargill makes foray into metals derivatives as banks exit

(Updates with details throughout) NEW YORK, Oct 29 (Reuters) - Cargill Inc. plans to apply for Category 2 membership of the London Metal Exchange, it said on Wednesday, as the agricultural merchant makes its first foray into base metals derivatives sales as European banks retreat. Pri

MEDIA-UK banks to take 1 bln stg hit as forex deal looms - Sky News

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MARKET COMMENT: FTSE 100 Closes At 3 Week High Ahead Of Fed Decision

Thursday preview: Barclays reports third quarter results

Barclays will take centre stage on Thursday as it reports its third quarter interims. The UK bank may report an adjusted £1.08mbn pre-tax profit, down from the previous year's £1.65bn, reflecting lower investment banking revenues, according to forecasts by Numis. The group's results come after it p

Bank of England set to impose higher leverage ratio on banks - sources

Sector movers: Standard Chartered, Lloyds drag UK banks lower

The second profit warning in a year from Standard Chartered and some underwhelming results from Lloyds ensured that the banking sector was the worst-performing segment in London on Tuesday. Shares of Asia-focused StanChart were down 9% in afternoon trade after the bank warned that second-half underl

London open: UK stocks rise, but Lloyds and StanChart fall

Despite some heavy falls from banking heavyweights Lloyds and Standard Chartered, UK stocks advanced on Tuesday morning as the FTSE 100 rebounded from a one-week low. London's benchmark index was up 0.6% at 6,404 in early deals, helped by decent gains from oil major BP. The Footsie closed at 6,363.