Barclays Share News (BARC)

UPDATE 1 -Citi's global head of foreign exchange to leave bank -memo

By Jamie McGeever LONDON, Feb 5 (Reuters) - The global head of foreign exchange at Citigroup, the world's second largest currency trader, is leaving the bank, according to an internal bank memo seen by Reuters on Wednesday. London-based Anil Prasad's departure, however, is not related

UK pledges to beef up cyber defences after banks' "war game"

By Steve Slater LONDON, Feb 5 (Reuters) - Britain's financial, transport and energy industries said they will strengthen their defences against cyber attacks, building on a war-game simulation where banks came under assault from "a hostile nation state". Cyber attacks are increasing i

UK Earnings, Trading Statements Calendar - Week Ahead

Read more 4 Feb 2014 16:06 UK Earnings, Trading Statements Calendar - Week Ahead Read more 4 Feb 2014 13:41 UBS bonus hike slammed for showing lessons not learned By Katharina Bart and Steve Slater ZURICH/LONDON, Feb 4 (Reuters) - A jump in bonus payments at Swiss bank UBS AG stoked criticism on Tuesday that a previous cut was short-lived and banks have not learned lessons from the financial crisis. Banker bonuses drew intense criticism after t Read more 4 Feb 2014 12:30 UK watchdog to review pay guidance for financial sector * FCA says bonuses being clawed back after misconduct fines * Says banks trying to circumvent bonus caps By Huw Jones LONDON, Feb 4 (Reuters) - Tougher guidelines on financial sector pay are under consideration by the UK watchdog, though extending a cap on banker bonuses to the Read more 4 Feb 2014 12:22 UPDATE 1-UK watchdog says forex probe to stretch into 2015 * FCA says forex manipulation allegations a surprise * Other unnamed benchmarks also being probed by FCA By Huw Jones LONDON, Feb 4 (Reuters) - Britain's financial watchdog said it was unlikely to reach any conclusions this year in its probe into potential manipulation of foreig Read more 4 Feb 2014 11:38 UK watchdog says forex probe to stretch into 2015 LONDON, Feb 4 (Reuters) - Britain's financial watchdog said it was unlikely that any conclusions will be reached this year in its probe into potential manipulation of foreign exchange markets. "I would be surprised if we got to conclusions within this year. I hope that we will next year," F Read more 4 Feb 2014 10:26 UBS mulls paying staff allowances to meet EU rules ZURICH, Feb 4 (Reuters) - Swiss bank UBS said it is considering following rivals and paying an extra allowance to staff to comply with new European Union rules that will cap the bonuses of its London staff to twice their salary. "There are various options and it goes without saying one of t Read more 4 Feb 2014 09:17 UPDATE 2-UK banks pay out fraction of swaps mis-selling claims * 306 million paid out by end Jan vs 159 mln by end Dec * Banks have set aside 3.75 bln stg for mis-selling * Regulator says compensation flowing to small businesses * Banks have yet to pay out for consequential losses By Matt Scuffham LONDON, Feb 4 (Reuters) - Brita Read more 4 Feb 2014 07:19 Britain's banks pay out $500 million for swaps mis-selling LONDON, Feb 4 (Reuters) - Britain's biggest banks have so far paid out only 306.3 million pounds ($500.3 million) from more than 3 billion pounds which they have set aside to compensate small firms mis-sold complex interest rate hedging products, the financial regulator said. The Financial Read more 4 Feb 2014 06:28 Tuesday newspaper round-up: US debt ceiling, Autonomy, Barclays... US Treasury Secretary Jacob Lew warned Monday that the US is on course to hit its so-called debt ceiling, the limit to which it can legally borrow, by the end of the month. He called on Congress to raise it immediately to prevent the issue from harming the economic recovery, adding that the governme Read more 3 Feb 2014 18:15 European banks have $3 trln of exposure to emerging markets * European banks had $3.4 bln of EM loans at end Sept-BIS * More than four times the exposure of U.S. banks * Loans account for about 12 pct of European bank assets * European bank shares down 7 pct in two weeks By Steve Slater LONDON, Feb 3 (Reuters) - European bank Read more 3 Feb 2014 18:10 Bank of America hikes top European bankers' pay to counter bonus cap LONDON, Feb 3 (Reuters) - Bank of America Merrill Lynch is raising salaries for some of its senior bankers by about 20 percent, a person familiar with the matter said on Monday, to get around a new European Union cap on pay. EU rules that limit bonuses to no more than annual salary, or twi Read more 3 Feb 2014 18:00 UPDATE 1-Barclays CEO turns down bonus for 2013 By Steve Slater LONDON, Feb 3 (Reuters) - Barclays Chief Executive Antony Jenkins has turned down his 2013 bonus, saying it would be inappropriate given the bank's hefty bill to pay for past problems and its need to call on investors for cash. Jenkins could have received a bonus of up Read more 459460461462463464465466467 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.