Barclays Share News (BARC)

London close: FTSE 100 hits one-month high

UK stocks hit a one-month high on Friday on hopes of a near-term continuation of US stimulus, while data from China showed a pick-up in growth. The FTSE 100 broke through the 6,600 level today to finish at 6,622.58, up 46.42 points on the day. The last time the index closed higher was on September

Britain to ratchet up capital requirements for banks

By Steve Slater LONDON, Oct 18 (Reuters) - British banks may have to build up more capital and more quickly than they expected, forcing firms like Barclays to rein in dividends to shareholders and restrain bankers' bonuses to find the extra cash. Britain's financial watchdog's plans,

Germany wants to quiz ex-Deutsche trader in Libor probe -source

FRANKFURT, Oct 18 (Reuters) - The German financial markets regulator, BaFin, wants to speak to a former Deutsche Bank trader as part of its probe into possible manipulation of the Libor benchmark interest rate, a source familiar with the matter said on Friday. The move by BaFin, which foun

Sector movers: RBS, Barclays lead banks lower

Banking stocks were mostly under the weather on Friday with domestic lenders Royal Bank of Scotland and Barclays leading to the downside. RBS was being weighed down by some gloomy comments from Investec analyst Ian Gordon, who recommended investors not to own the stock ahead of the bank's third-qua

No plans for fresh LIBOR-rigging probe into Barclays, says FCA

The Financial Conduct Authority has said it has "no current plans" to launch another probe into Barclays' role in the LIBOR-rigging scandal. It comes after allegations that documents provided in a court case yesterday showed the part the Bank played in the debacle went "further and wider than the

Britain's FCA says no plans to launch new Barclays Libor probe

LONDON, Oct 18 (Reuters) - Britain's financial regulator said it has "no current plans" to launch a new investigation into the alleged manipulation of Libor fixing by Barclays following new evidence disclosed in court filings on Thursday. According to evidence that came to light during a h

UK WINNERS & LOSERS: Prudential Follows AIA Higher; William Hill Downgraded

London midday: Stocks rise on hopes over taper delays

The FTSE 100 came close to a one-month high on Friday morning on hopes that the political uncertainty in Washington may prompt the Federal Reserve to continue with its stimulus measures for a little longer. Also helping sentiment this morning was Chinese gross domestic product which grew at a year-

Broker snap: Don't own RBS ahead of Q3 results, says Investec

Investec has maintained its 'sell' rating for UK lender Royal Bank of Scotland (RBS), recommending investors not to own the stock ahead of its third-quarter results on November 1st. Analyst Ian Gordon said that the bank will likely fall back into the red in the second half, though most of the damag

Fresh details of Barclays' alleged rate fixing emerge

Documents provided in a court case indicate that Barclays' role in the LIBOR-rigging scandal "goes further and wider than the regulatory findings", it has been alleged by lawyers acting for Guardian Care Homes (GCH). GCH is suing Barclays over interest-rate swaps in a test case that could in theory

Friday newspaper round-up: December taper, Barclays, Energy bills

The US government shutdown sabotaged a crucial month of data and dealt a blow to the world's largest economy, but the Federal Reserve could still begin reducing its asset purchases as early as December. Analysts have slashed their growth forecasts for the fourth quarter to two per cent or below, wit

London close: Stocks edge higher after late rally

UK stocks erased losses on Thursday afternoon, finishing in positive territory for the sixth straight session, though the market gave a rather lacklustre reaction to the last-minute US deal to avert a debt default. Alastair McCaig, Market Analyst at IG, said: "Having jumped out the way of one oncom

New details of alleged Barclays rate-fixing emerge in court case

* London court hears test case on Libor manipulation * Legal papers reveal details of alleged Barclays wrongdoing * Case could open floodgates for lawsuits against banks By Estelle Shirbon LONDON, Oct 17 (Reuters) - Barclays employees manipulated Libor benchmark interest r

HIGHLIGHTS-Comments from British Bankers' Association conference

LONDON, Oct 17 (Reuters) - The British Bankers' Association annual conference on Thursday included speeches by top European and UK regulators and senior banking executives. The following comments were made, or were due to be made, in speeches at the event or on the sidelines of the conferen

HIGHLIGHTS-Comments from British Bankers' Association conference

LONDON, Oct 17 (Reuters) - The British Bankers' Association annual conference on Thursday included speeches by top European and UK regulators and senior banking executives. The following comments were made, or were due to be made, in speeches at the event or on the sidelines of the conferen