Barclays Share News (BARC)

UPDATE 1-London leads 11 pct jump in bankers earning 1 million euros

By Steve Slater LONDON, Nov 29 (Reuters) - More than 3,500 bankers in Europe earned 1 million euros ($1.4 million) or more last year after a big jump across the continent and in Britain, which had 12 times as many high earners as any other country. Figures from the bloc's banking regu

Virtuous veterans hard to find in British banking

By Matt Scuffham LONDON, Nov 29 (Reuters) - Calling all senior, experienced British bankers with a clean charge sheet and political nous. There might be a chairmanship role awaiting. With three of Britain's four major banks expected to hire new chairmen - and they are all likely to be

UPDATE 1-UK watchdog eases capital rules for pension risks

* PRA eases up on planned supplementary capital rule * New rule takes effect year earlier than planned * Capital targets for big eight banks formalised * Compliance dates for smaller banks mapped out (Recasts with more detail) By Huw Jones LONDON, Nov 29 (Reuters)

UK watchdog sets out bank capital standards

LONDON, Nov 29 (Reuters) - Britain's banking regulator said on Friday that major lenders and building societies must hold a core capital buffer equivalent to 7 percent of their risk-weighted assets from January 2014. The Bank of England's Prudential Regulation Authority also said in a state

London spearheads 11 pct jump in bankers earning 1 million euros

By Steve Slater LONDON, Nov 29 (Reuters) - More than 3,500 bankers in Europe earned 1 million euros ($1.4 million) or more last year after a big jump across the continent and in Britain, which had 12 times as many high earners as any other country. Figures from the bloc's banking regu

UPDATE 1-Co-op Bank loses customers after ex-chairman scandal

By Steve Slater LONDON, Nov 28 (Reuters) - Britain's Co-operative Bank said it has lost current account customers as a result of a scandal involving its former chairman and a scheme that makes it easier for people to switch bank accounts. The bank, which acknowledged the damage to it

Co-op Bank loses customers after ex-chairman scandal

LONDON, Nov 28 (Reuters) - Britain's Co-operative Bank said it has lost current account customers as a result of a scandal involving its former chairman and a scheme that makes it easier for people to switch bank accounts. The bank, which acknowledged the damage to its reputation, said its

UPDATE 1-Bank of England unexpectedly reins in plan to boost mortgage lending

By David Milliken and Huw Jones LONDON, Nov 28 (Reuters) - The Bank of England moved to head off the risk of a bubble in house prices on Thursday, making a surprise announcement that it would heavily scale back a scheme launched last year to boost mortgage lending. Britain's economy a

Bank of England scales back scheme to boost mortgage lending

By David Milliken and Huw Jones LONDON, Nov 28 (Reuters) - The Bank of England said on Thursday that it would heavily scale back a scheme launched last year to boost mortgage lending, as house price inflation looks set to accelerate further. Britain's economy has staged an unexpected

Europe's banks face 280 bln euro capital shortfall in 2014 - PwC

By Laura Noonan LONDON, Nov 28 (Reuters) - Pressure from the European Central Bank (ECB) and national regulators will leave Europe's banks with a 280 billion euro ($380 billion) capital hole to fill in 2014, accountants PwC said in a report published on Thursday. Banks in the eurozone

Barclays Capital ordered to pay $2.1 mln to NY trader

Nov 28 (Reuters) - Barclays Capital Inc has been ordered to pay $2.1 million to a New York-based trader it fired last year in connection with the alleged rigging of the London interbank offered rate, or Libor, according to arbitration documents. The Financial Industry Regulatory Authority i

UPDATE 3-UK's Osborne asks BoE to consider extra powers to curb banks

* Review terms finalised early 2014, year to complete * Parliament to approve any recommendation before election * Lawmakers push for faster, higher leverage ratio By Huw Jones and Matt Scuffham LONDON, Nov 26 (Reuters) - Britain's finance minister George Osborne has asked

Lawmaker Tyrie welcomes greater power for BoE over leverage ratio

LONDON, Nov 26 (Reuters) - The Bank of England's review of how it should restrain banks' risk-taking has been welcomed by the chairman of Britain's Treasury Select Committee. Finance minister George Osborne has written to Bank of England Governor Mark Carney saying the Bank of England's Fin

Ink barely dry, EU aides fret new rules crimp investment

* Basel III, Solvency II to crimp bank funding of SMEs * Capital rules on securitisation hit company funding By Paul Taylor PARIS, Nov 26 (Reuters) - With the ink barely dry on new capital rules for banks, insurers and pension funds, some European policymakers are already pressi

UK BROKER RATING CHANGES: Citi Raises Rio Tinto Target, Cuts Other Miners