Barclays Share News (BARC)

UK bank reforms negative for bondholders, Moody's says

Recent proposed structural reforms released by the UK's Prudential Regulation Authority (PRA) are negative for all large bank bondholders, Moody's warned in a note published on Monday. "The proposed hanges are credit negative for all bondholders of large UK banks because they remove some key obstacl

UK bank "ring-fence" negative for bondholders -Moody's

LONDON, Oct 13 (Reuters) - The separation of domestic retail banking operations from riskier activities by Britain's banks is negative for all bondholders as it puts them in line to suffer losses if the firm hits trouble, analysts at Moody's said. Britain is forcing big banks to set up a bo

INSIGHT-European bank mergers still face hurdles post-stress tests

(Repeats story from Sunday with no changes to text) * Regulatory "banking nationalism" not dead despite ECB role * Capital protection, secrecy, company law among obstacles * Cross-border bank mergers rarely work, offer few synergies By Paul Taylor PARIS, Oct 12 (Reut

UPDATE 1-Deutsche clampdown on bad behaviour prompts exodus of traders -FT

(Adds Barclays declining to comment) Oct 12 (Reuters) - Senior bankers at Deutsche Bank AG are leaving the bank amid a crackdown on bad behaviour by traders, as the bank undergoes a probe by global regulators into allegations of attempts to rig markets, the Financial Times reported on Sund

Deutsche clampdown on bad behaviour prompts exodus of traders -FT

Oct 12 (Reuters) - Senior bankers at Deutsche Bank AG are leaving the bank amid a crackdown on bad behaviour by traders, as the bank undergoes a probe by global regulators into allegations of attempts to rig markets, the Financial Times reported on Sunday. The bank is planning to stop rewa

INSIGHT-European bank mergers still face hurdles post-stress tests

* Regulatory "banking nationalism" not dead despite ECB role * Capital protection, secrecy, company law among obstacles * Cross-border bank mergers rarely work, offer few synergies By Paul Taylor PARIS, Oct 12 (Reuters) - Health checks on Europe's banks may reveal takeover

ConvergEx CEO says firm's "dark pools" being remodeled

By John McCrank NEW YORK, Oct 10 (Reuters) - ConvergEx Group LLC is revamping its two alternative trading systems, or "dark pools," due in part to expectations of tighter industry regulations, Eric Noll, chief executive of the brokerage and trading services provider, said on Friday.

UPDATE 2-Puerto Rico pays heavy price in $1.2 bln note sale

(Adds Moody's quote, details of transaction) By Edward Krudy NEW YORK, Oct 10 (Reuters) - Puerto Rico paid a steep price to complete a $1.2 bln short-term financing deal on Friday as bonds of the indebted commonwealth slipped to a three-month low and recent data showed the economy and

MOVES-Noble Group, Wells Fargo and Four Capital

Oct 10 (Reuters) - The following financial services industry appointments were announced on Friday. To inform us of other job changes, email moves@thomsonreuters.com. NOBLE GROUP LTD The Asian commodity trader's global cocoa trading chief has left the Hong Kong-based commodity merchan

Puerto Rico completes $1.2 bln note sale -Government Development Bank

NEW YORK, Oct 10 (Reuters) - Puerto Rico completed the sale of $1.2 billion short-term financing notes, paying an interest rate of nearly 8 percent to borrow money until next June, the commonwealth's Government Development Bank (GDB) said on Friday. The GDB said $700 million of the notes ar

Bank Of England To Release Bank Stress Test Results December 16

UPDATE 1-Bank of England had cash ready in case Scotland chose independence

* BoE was ready to pump in liquidity if Scotland voted 'yes' * Extra banknotes ready in case of rush of withdrawals * FPC sets date to decide new bank leverage ratio * BoE mulls higher countercyclical capital requirements (Adds detail) By David Milliken and Steve Slater<

Bank of England to publish UK bank stress test results on Dec. 16

LONDON, Oct 10 (Reuters) - The Bank of England said on Friday that it would publish the results of its stress test of the British banking system on Dec. 16 at 0700 GMT, alongside its half-yearly financial stability report. The BoE had received banks' initial stress test submissions and was

MOVES-Lloyds hires Barclays' Appen for top financial role

By Aimee Donnellan LONDON, Oct 10 (IFR) - Lloyds has hired Allen Appen from UK rival Barclays to head its financial institutions capital and asset-backed solutions business, reporting to head of capital markets James Garvey. Appen spent the last 21 years with Barclays, and was most re

Bank of England FPC sheds light on plans for Scottish independence vote

LONDON, Oct 10 (Reuters) - The Bank of England shed light on Friday on some of its contingency plans if Scotland had voted in favour of independence last month, saying it was ready to supply extra bank notes and pump extra liquidity into banks. A record of the BoE Financial Policy Committee