Barclays Share News (BARC)

MEDIA-Virgin Money picks banks for 2 bln pound IPO debut - Sky News

-- Source link: (http://bit.ly/YMy6uL) -- Note: Reuters has not verified this story and does not vouch for its accuracy

DIRECTOR DEALINGS: Barclays Executives Acquire Shares

Foreign banks resist losses on Spanish motorway rescue

* Foreign banks don't like proposed 50 pct forced loss * Talks with government drag out any bail-out * Cash-strapped Spain reluctant to take on bulk of loans By Sonya Dowsett MADRID, Oct 1 (Reuters) - Foreign banks are dragging out a 2.3 billion euro ($3 billion) rescue pl

Bank of England eases curb on risky mortgages as house market cools

By Huw Jones LONDON, Oct 1 (Reuters) - The Bank of England has eased a curb on risky mortgages that are large relative to a borrower's income, amid signs that Britain's housing market has begun to cool. In June, the Bank of England's Financial Policy Committee recommended that "as soo

UK MIDDAY BRIEFING: Sainsbury's Confirms It's Suffering

TOP NEWS: J Sainsury Cuts Sales Forecast After Second Quarter Slump

UK MORNING BRIEFING: Supermarkets Lead FTSE Lower On Sainsbury Sales

Nomura, JP Morgan among Japan Post IPO underwriters - govt

TOKYO, Oct 1 (Reuters) - The Japanese government has selected Nomura Securities and JP Morgan among the 11 underwriters for a planned initial public offering of state-owned Japan Post , the finance ministry said on Wednesday. Mitsubishi UFJ Morgan Stanley, Daiwa, SMBC Nikko, Miz

PRESS: Three Ex-Barclays Traders Sued Bank In US - Bloomberg

Ex-Barclays traders facing UK Libor charges sue bank in NY

By Nate Raymond NEW YORK, Sept 30 (Reuters) - Three former Barclays Plc traders facing charges in the United Kingdom over manipulation of Libor benchmark interest sued the bank in New York on Tuesday, accusing it of retaliating against them by failing to pay their legal fees. In a la

Cautious clients keep hopes low for investment banking

By Steve Slater LONDON, Sept 30 (Reuters) - Political troubles in Russia and the Middle East added to a summer slowdown in trading activity and is likely to leave third quarter revenues for investment banks down from the previous three months, bankers and analysts said. Investment ban

Britain studies changes to boost banking competition

LONDON, Sept 30 (Reuters) - Britain is reviewing whether bank customers should be allowed to switch lenders using their existing account number in a bid to boost competition, as in the mobile phone market. The Financial Conduct Authority (FCA) said on Tuesday its review would look at the ef

Tesco moves to secure £2.5bn crisis warchest

Tesco has lined up a £2.5bn banking facility as a preventive measure in case of possible ratings downgrades. According to a Sky News report, the UK's biggest retailer has signed up between four to six banks to a new credit facility intended at providing an insurance policy, as the group seeks a solu

BUZZ-Investment bank revenues seen 13 pct lower in Q3: JPM

** Investment bank revenues in Q3 expected to be 13 pct lower than in the previous three months, according to forecasts by JPMorgan analysts. ** FICC revenue seen 17 pct lower Qtr/Qtr while revenue at equities & IB divisions forecast to be down 11 pct & 12 pct respectively. ** The thr

UPDATE 1-Swiss bank UBS says it has started FX settlement talks

(Adds detail) ZURICH, Sept 29 (Reuters) - Switzerland's UBS has begun settlement talks over allegations it was involved in manipulating foreign exchange rates, the bank said, and warned that it could face a material penalty in any deal struck. The terms proposed in the talks included