Barclays Share News (BARC)

Cost of insuring UK debt against default drops as Sunak becomes PM

LONDON, Oct 24 (Reuters) - The cost of insuring Britain's debt against default fell to its lowest since last month's "mini budget", according to data from S&P Global Market Intelligence on Monday, after Rishi Sunak won the race to become Britain's next prime minister.

Banks forced to hold on to Twitter deal debt-sources

NEW YORK, Oct 21 (Reuters) - The banks providing $13 billion in financing for Tesla CEO Elon Musk's acquisition of Twitter Inc have abandoned plans to sell the debt to investors because of uncertainty around the social media company's fortunes and losses, people familiar with the matter said.

Banks forced to hold on to Twitter deal debt-sources

NEW YORK, Oct 21 (Reuters) - The banks providing $13 billion in financing for Tesla CEO Elon Musk's acquisition of Twitter Inc have abandoned plans to sell the debt to investors because of uncertainty around the social media company's fortunes and losses, people familiar with the matter said.

Barclays faces fine for "reckless" failures over Qatari funding

(Alliance News) - Banking firm Barclays PLC has been hit with a GBP50 million fine from the UK's financial watchdog over failures to disclose arrangements with Qatari investors when it raised funds during the 2008 financial crash.

UK watchdog fines Barclays $55 mln for fees paid in 2008 fundraising

LONDON, Oct 21 (Reuters) - Britain's Financial Conduct Authority (FCA) said it would fine Barclays 50 million pounds ($55 million) for its failure to disclose fees paid to Qatari entities during its financial crisis-era fundraising.

FCA fines Barclays £50m over 2008 Qatar deal

(Sharecast News) - Barclays has been fined £50m by the City watchdog over its "reckless" conduct during a fund raising at the height of the 2008 financial crisis.

Banks, Big Tech seek clearer guidance on combating scams

LONDON, Oct 20 (Reuters) - Banks, tech and telecom companies in Britain are calling on regulators and lawmakers to make it easier for them to share anonymised data on customers so they can spot and stop scams faster, a report published on Thursday said.

Amazon launches home insurance comparison website in Britain

Amazon starts home insurance offer with three providers

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LONDON MARKET CLOSE: Rally runs out of steam as UK inflation tops 10%

(Alliance News) - After starting the week with two sessions in the green, the mood soured in London on Wednesday as UK consumer inflation was shoved back into double digits.

Banks brace for tax hit to help plug UK's budget gap

LONDON, Oct 19 (Reuters) - British banks are bracing for a potential tax hit to their profits as the government scrambles to plug an estimated 40 billion pound ($45 billion) hole in its finances.

UK earnings, trading statements calendar - next 7 days

LONDON MARKET MIDDAY: FTSE underwhelms as CPI puts spotlight on BoE

(Alliance News) - London's FTSE 100 was struggling for direction on Wednesday at midday, underperforming European peers, while pressure on the Bank of England intensified after UK inflation hit double figures again.

Hunt mulling windfall tax for banks - report

(Sharecast News) - New chancellor Jeremy Hunt is considering upping the amount of tax paid by banks as he looks to plug funding gaps, it was reported on Wednesday.

BNP Paribas gets regulatory nod to set up China asset management joint venture

HONG KONG, Oct 18 (Reuters) - BNP Paribas has received Chinese regulatory approval to start building an asset management venture with Agricultural Bank of China (AgBank) , the two companies said, allowing the French firm to tap a $4 trillion market.

LONDON BROKER RATINGS: Antofagasta raised; Jefferies likes Dechra

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday: