Barclays Share News (BARC)

RPT-EXCLUSIVE-EU to fine Deutsche, JPMorgan and others in rate probe-source

* Barclays won't be fined because was whistleblower-source * Some banks agree to settle in exchange for lower fine * Some banks including HSBC contest proposed penalties (Repeats with byline. No changes to text) By Foo Yun Chee BRUSSELS, Nov 5 (Reuters) - EU antitrust re

RBS, HSBC to be fined by EU over alleged interest rate rigging

The Royal Bank of Scotland and HSBC are reportedly among six global banks set to be fined by European Union (EU) antitrust regulators for allegedly rigging benchmark Eurozone interest rates. JPMorgan, Deutsche Bank, Credit Agricole and Societe Generale are also facing penalties, a source told Reut

FTSE 100 movers: M&S cheers despite falling profits

Marks & Spencer saw underlying pre-tax profit fall 8.9 per cent to 261.6m pounds in the first half of the year, but since this was not as bad as many analysts were expecting, the stock registed strong gains. The retailer has been investing heavily in the business, incurring extra costs during the

Barclays' chief UK economist to head Bank of England forecast team

LONDON, Nov 5 (Reuters) - The Bank of England said on Tuesday that it had appointed Barclays' chief UK economist, Simon Hayes, to head its economic forecasting team. Hayes, who worked at the BoE for eight years before joining Barclays, will be responsible for drafting the central bank's qua

UK PRESS: RBS, HSBC Among Banks To Be Fined Over Euribor Rigging - Reuters

US swap watchdog launches new commodity position rules

By Douwe Miedema WASHINGTON, Nov 5 (Reuters) - The U.S. derivatives regulator on Tuesday launched a plan to curb commodity market speculation, reviving a crucial Wall Street reform after a judge knocked down an earlier version of its rule on position limits. The redrafted rule by the

Sector movers: Financials fall as RSA gives gloomy update

The insurance and banking sectors were out of favour on Tuesday, providing a drag on markets with RSA the standout faller after disappointing the market with a third-quarter update. In a earlier-than-expected statement, the company warned that weather-related losses would be greater than expected t

EXCLUSIVE-EU to fine RBS, Deutsche, JP Morgan and three others in Euribor case

By Foo Yun Chee BRUSSELS, Nov 5 (Reuters) - EU antitrust regulators are set to impose multi-million euro fines on Royal Bank of Scotland , Deutsche Bank, JPMorgan Chase, and three other banks for suspected rigging of the Euribor interest rate benchmark, a person familiar with the matter sai

London midday: RSA, financials drag markets lower

- RSA, G4S, banks lead losses - M&S, Imperial, miners provide some support to markets - UK services growth accelerated in October techMARK 2,636.31 -0.57% FTSE 100 6,723.10 -0.60% FTSE 250 15,367.18 -0.65% A gloomy update from insurance firm RSA and heavy falls across the wider financial sector we

EU lawmakers pledge speedy Libor reform, scope debated

* Battle looms over scope of new benchmark rules By Huw Jones LONDON, Nov 4 (Reuters) - European Union lawmakers have pledged rapid approval of a draft EU law to regulate market benchmarks such as Libor, though they sparred over how comprehensive the new regime should be. Big fi

UPDATE 1-Barclays prepares roadshow for AT1 bond

By Aimee Donnellan and Helene Durand LONDON, Nov 4 (IFR) - Barclays Plc begins a week of roadshows Tuesday for a planned Additional Tier 1 capital bond, as it tries to beef up its leverage ratio to meet tougher new regulation next year. Barclays is opting for an aggressive AT1 deal af

British banks face new bill for past investment advice

* HSBC sets aside $149 mln to review investment advice * Follows regulator's check on advice at major lenders LONDON, Nov 4 (Reuters) - HSBC has set aside $149 million to review how it advised about 200,000 UK customers on investing a lump sum of money, the first British bank to do so

Listings offer few wins for investors in first year -Kleinwort

* British IPOs typically fall below offer price a year on * U.S. stock market IPOs fare better, boosted by techs * Global listings market in recovery phase By Sinead Cruise and Kylie MacLellan LONDON, Nov 4 (Reuters) - Investors wooed by 2013's strong British stock market

Barclays prepares ground for AT1 bond

By Aimee Donnellan LONDON, Nov 4 (IFR) - Barclays Plc has hired its own investment bank to arrange an investor roadshow across the US, Europe and Asia to explore a potential Additional Tier 1 bond. Meetings will begin on Tuesday November 5th until November the 11th with Barclays actin

Barclays Non-Executive David Booth To Retire From Board