Barclays Share News (BARC)

Broker tips: Tesco, Barclays, Weir

Santander has downgraded its recommendation for Tesco from 'buy' to 'hold' in the aftermath of last week's profit warning and dividend cut. "We continue to believe that there is real deep value in Tesco on a longer term basis, but for the next six months we see the shares as dead money at best." T

Lloyds: The most complained about bank in Britain

Figures released on Tuesday showed that Lloyds was the most complained about bank in the first half of 2014. The financial ombudsman, the authority which is in charge of settling disputes between lenders and their customers, received just over 190,000 complaints between 1 January and 30 June, with

MOVES-Alvarez & Marsal hires Barclays exec for turnaround team in London

Sept 2 (Reuters) - Business management adviser Alvarez & Marsal said it appointed Senthil Alagar as a managing director to its restructuring and turnaround team in London. Alagar joins from Barclays Plc, where he headed its UK & Ireland business support restructuring team.

Barclays' Spanish disposal a "welcome positive", says Deutsche Bank

The agreement to dispose part of Barclays' Spanish operations to Caixabank is a "modest but welcome positive", according to Deutsche Bank which retained a 'buy' rating for the UK bank on Tuesday. The retail banking, wealth and investment management, and corporate banking businesses in Spain will be

Complaints against British banks fall 42 pct -ombudsman

* 191,000 complaints in H1 2014 vs 327,000 H1 2013 * PPI complaints down to 134,000 from 266,000 LONDON, Sept 2 (Reuters) - The number of complaints against British banks fell by nearly 42 percent in the first half of 2014, driven by a decline in the number of cases relating to the mi

London close: Tesco and HSBC focus investors' attention

- Chinese, Eurozone and UK manufacturing PMIs fall - Markets looking ahead to BoE, ECB, US jobs data - Perform jumps on Access Industries offer techMARK 2,858.54 +0.26% FTSE 100 6,825.31 +0.08% FTSE 250 15,957.13 +0.45% Figures showing a manufacturing slowdown in the Eurozone, UK and China capped

UPDATE 1-Hectic pace of Spanish bank deals to slow after Barclays sale

* Caixabank to buy Barclays retail, corporate bank in Spain * Pays 800 mln euros in cash for the assets * Deal draws bank consolidation in Spain to close for now * Caixabank, Barclays shares unchanged (Recasts to focus on Spanish banking consolidation, adds analyst quotes, sha

London midday: Weak global manufacturing data weighs on UK stocks

- Chinese, Eurozone and UK manufacturing PMIs fall - Markets looking ahead to BoE, ECB, US jobs data - Perform jumps on Access Industries offer techMARK 2,855.71 +0.16% FTSE 100 6,816.49 -0.05% FTSE 250 15,922.73 +0.23% Figures showing a manufacturing slowdown in China, the Eurozone and UK were we

UK MIDDAY BRIEFING: Perform Group Surges On Access Industries Bid

TOP NEWS: Vodafone Signs With Dixons Carphone And Ends Phones 4U Deal

London open: Stocks slip on Chinese data, Ukraine tensions

- Chinese manufacturing PMIs disappoint - Ukraine tensions high after Putin calls for "statehood" - Perform shares jump on Access Industries offer techMARK 2,857.65 +0.23% FTSE 100 6,811.96 -0.11% FTSE 250 15,922.03 +0.23% Weak economic data from China and ongoing geopolitical tensions in Ukraine

London pre-open: Little change expected on FTSE at opening bell

UK stocks are expected to open little changed, despite a decent session in Asia overnight. City sources predict the FTSE 100 will open just two points below Friday's close of 6,819.75. The Hang Seng, Jikkei and Shanghai Composite all performed well overnight, following a strong finish in the US o

UK MORNING BRIEFING: FTSE 250 Outperforms As Perform Group Leaps

Barclays loses £500m on sale of Spanish units to Caixabank - UPDATE

UK banking group Barclays is to offload part of its Spanish business to Caixabank as part of its non-core asset disposal programme, but said it would lose £500m on the sale. The retail banking, wealth and investment management, and corporate banking businesses in Spain - which represent total asset

Monday newspaper round-up: Barclays, BP, RAC...

Barclays is selling its Spanish banking operations to CaixaBank as part of plans to shrink its European divisions. CaixaBank, Spain's third-largest lender, will pay €800m (£632m) in cash for Barclays' retail banking, wealth management and corporate banking businesses. - The Telegraph Alexander Teme