Barclays Share News (BARC)

Barclays CEO says to cut up to 12,000 jobs this year

LONDON, Feb 11 (Reuters) - British bank Barclays said it expects to cut between 10,000 and 12,000 jobs at the bank this year, including about 7,000 in Britain. Chief Executive Antony Jenkins said about half of the affected staff in Britain had been notified. The bank had 139,600 staf

Barclays Increases Leverage Ratio Target To 3.5% By End 2015

LONDON (Alliance News) - Barclays PLC said it is now targeting a higher leverage ratio after reaching its 3.0% target six months ahead of schedule. In the bank's full-year earnings release Tuesday, Barclays said 2014 will be another year of transition as it continues to shrink its balance sheet,

MARKET COMMENT: UK Stocks To Open Higher Ahead Of Yellen Testimony

LONDON (Alliance News) - UK stocks are expected to open higher Tuesday, continuing to make small gains in the absence of any top-tier economic data or other overall market drivers to change sentiment so far this week. That could be set to change with two central bank events ahead. The clear

London pre-open: Stocks seen higher ahead of Yellen

UK markets are expected to open with small gains on Tuesday following a decent performance by US and Asian stocks overnight as investors ready themselves for comments from new Federal Reserve Chair Janet Yellen. City sources predict the FTSE 100 will open 27 points higher than yesterday's close o

Barclays targets 3.5 pct leverage ratio, lifts bonuses

LONDON, Feb 11 (Reuters) - Barclays Plc said it expects to improve its leverage ratio to at least 3.5 percent by the end of next year as it reduces the size of its balance sheet, and committed to paying out at least 40 percent of its earnings in dividends. Barclays said it increased its bon

Barclays' quarterly profits fall due to exceptional items

Barclays reported a 32 per cent fall in 2013 adjusted pre-tax profit to reach 5.16bn pounds reflecting a fall in income and costs of restructuring. Adjusted income fell 4% to £28.15bn due to a reduction of £1,042m in the Investment Bank and £480m in the Head Office. For the year Investment Bank i

Lambert Unveils Outline For New Banking Professional Body

LONDON (Alliance News) - The new organisation set to be established by the end of the year in order to raise standards in banking would provide a "canopy" under which existing professional bodies would continue to develop and grow, with the goal of moving the industry towards the same sort of pro

UK Earnings, Trading Statements Calendar - Week Ahead

Read more 10 Feb 2014 19:15 Aeropostale mulls raising capital from private equity -sources By Olivia Oran NEW YORK, Feb 10 (Reuters) - Aeropostale Inc is considering raising capital from private equity firms as the struggling teen retailer evaluates various ways to shore up both its balance sheet and its share price, four people familiar with the matter said on Monday. Aero Read more 10 Feb 2014 17:00 UK bank standards body should be run by non-bankers - review head * Banks decided to create standards body last September * Chairman, CEO of new body should be non-bankers - Lambert * Most of new body's board should be non-bankers, he says * Body should be up and running by end of year - Lambert By Matt Scuffham LONDON, Feb 10 (Reu Read more 10 Feb 2014 16:31 London close: Stocks gain after quiet session, Barclays rises - Stocks at highest level since January 24th - Markets awaiting Yellen, Draghi and Carney - Precious metal producers jump, Barclays gains ahead of FY results tomorrow - Energy companies come under criticism from MPs techMARK 2,806.76 +0.59% FTSE 100 6,591.55 +0.30% FTSE 250 15,910.72 +0.29% The UK Read more 10 Feb 2014 16:06 UK Earnings, Trading Statements Calendar - Week Ahead Read more 10 Feb 2014 14:55 Tuesday preview: Barclays reports drop in annual profit Barclays said adjusted 2013 pre-tax profits will fall by a quarter from the year before to 5.2bn, four per cent below market expectations. The lender released its headline profit figures a day early after the Financial Times previewed numbers that were considered too close to the actual results. Read more 10 Feb 2014 13:54 2ND UPDATE: Barclays Confirms Adjusted Pretax Profit Decline LONDON (Alliance News) - Barclays PLC shares are higher Monday despite the bank confirming that its 2013 pretax profit excluding provisions will drop by over GBP2 billion and as it launched a probe into allegations that details of tens of thousands of its account holders have been stolen and sold Read more 10 Feb 2014 13:17 UK MIDDAY BRIEFING: Barclays Up Despite Confirming Profit Fall LONDON (Alliance News) - Barclays shares are higher Monday despite the bank confirming that its 2013 pretax profit excluding provisions will drop by over GBP2 billion and as it launched a probe into allegations that details of tens of thousands of its account holders have been Read more 456457458459460461462463464 Stay Informed! With our newsletters and social media channels. Daily Market Report (Weekday Evenings)Week Ahead (Sunday Evening) Login to your account Login failed Remember MeSign In Don't have an account? Click here to register. Quickpicks are a member only feature Login to your account Login failed Remember MeSign In Don't have an account? Click here to register.