Barclays Share News (BARC)

Detroit mediators ask judge to approve swaps deal

By Joseph Lichterman DETROIT, Dec 30 (Reuters) - The mediators who oversaw negotiations between Detroit and two banks to strike a deal to end a costly interest-rate swap agreement recommended on Monday that the judge in charge of Detroit's bankruptcy approve the agreement, arguing the deal

London close: Second week of gains for FTSE as confidence grows

- Sixth day of gains for FTSE - Retailers and miners drive gains - US stocks ease after recent rally techMARK 2,786.92 +0.65% FTSE 100 6,750.87 +0.85% FTSE 250 15,878.10 +0.60% Stocks have registered a sixth day of gains as confident investors took riskier moves in a day of light trading following

UK to pilot new method of paying in cheques

It was revealed over the Christmas period that a new method of paying in cheques has been proposed. The new method, which is set to undergo a pilot test in the UK this year, involves the customer of the cheque being able to photograph it before sending it to the bank electronically. The governmen

FINRA Fines Barclays USD3.75 Mln For Improper Record-keeping

U.S. regulator fines Barclays over decade of records failures

By Jonathan Stempel Dec 26 (Reuters) - Barclays Plc has been fined $3.75 million by a U.S. regulator over its alleged decade-long failure to properly keep electronic records, emails and instant messages. The Financial Industry Regulatory Authority on Thursday said that from 2002 to Ap

UPDATE 1-Detroit reaches deal to end interest-rate swaps

DETROIT, Dec 24 (Reuters) - The city of Detroit reached an agreement on Tuesday with two banks to end a costly interest-rate swap agreement, a significant step as the city negotiates with creditors to put together a plan to exit the largest municipal bankruptcy in U.S. history. Detroit will

Detroit reaches deal to end interest-rate swaps

DETROIT, Dec 24 (Reuters) - The city of Detroit reached an agreement Tuesday with two banks to end a costly interest-rate swap agreement, a significant step as the city negotiates with creditors to put together a plan to exit bankruptcy. The terms of the agreement were not immediately rele

UPDATE 1-Brazil's BTG to bulk up London commodities, add 100 staff

LONDON, Dec 24 (Reuters) - Brazilian investment bank Grupo BTG Pactual SA will step up its expansion in commodities and add about 100 more staff in London, a person familiar with the matter said on Tuesday. The Sao Paulo-based bank already has about 100 staff in the British capital and has

Banks pay for past sins as US, Europe levy record fines

* U.S. fines, settlements over $40 billion * European fines top $3 billion after EU Libor charge * Banks suffer from Libor, Whale, U.S. mortgages settlements * International co-operation by regulators adds pressure By Steve Slater LONDON, Dec 24 (Reuters) - U.S. and

FTSE 100 movers: Carnival, ARM Holdings

Cruise operator Carnival topped the FTSE 100 after last week reporting better-than-expected trading and saying it predicts the first quarter will beat market forecasts. Despite recent sharp gains, however, the stock is still stuck within a broad sideways trading range, technical analysts at Sharecas

RPT-Lean years leave banks short of savvy dealmakers

* Volatile markets deter companies from raising funds, floating, M&A * Junior investment bankers have fewer deals to cut their teeth * Many senior bankers let go during the lean years * Banks short on expertise as business picks up * Gap widening between top bookrunners an

Lean years leave banks short of savvy dealmakers

* Volatile markets deter companies from raising funds, floating, M&A * Junior investment bankers have fewer deals to cut their teeth * Many senior bankers let go during the lean years * Banks short on expertise as business picks up * Gap widening between top bookrunners an

Vodafone seals Kabel Deutschland domination agreement

FRANKFURT, Dec 20 (Reuters) - Vodafone agreed on a so-called domination agreement with Kabel Deutschland , three months after its 7.7 billion euro ($10.5 billion) acquisition of Germany's largest cable company went through. Vodafone will offer the remaining shareholders of Kabel Deutschland

London midday: Markets jump one per cent after Fed taper

- Fed tapers monthly asset purchases by 10bn dollars - Markets rise, Wall Street hits record high - Annual growth of UK retail sales misses estimates techMARK 2,732.70 +1.31% FTSE 100 6,556.63 +0.99% FTSE 250 15,576.80 +1.37% UK markets had held on to their gains by Thursday lunchtime as investors

London open: Fed taper sparks 'Santa Rally' as stocks jump

- Fed cuts monthly bond buying to 75bn dollars - Commits to near-zero rates, depending on inflation - Pharma peers AstraZeneca, GSK making gains techMARK 2,727.60 +1.12% FTSE 100 6,553.38 +0.94% FTSE 250 15,550.52 +1.20% UK markets opened around one per cent higher on Thursday morning in the after