Barclays Share News (BARC)

INSIGHT-Getty captures risks of Fed's easy money policy

* Getty bonds go from above par to 75 cents on the dollar in 5 months * Leverage in private equity deals rising * Record junk bond issuance may hide other risky deals By Greg Roumeliotis NEW YORK, Oct 17 (Reuters) - When private equity firm Carlyle Group LP bought a contro

Privately held Rice Energy prepares IPO -sources

By Michael Erman and Olivia Oran and Soyoung Kim NEW YORK, Oct 16 (Reuters) - Privately-held natural gas exploration and production company Rice Energy is planning for an initial public offering that could value the company at as much as $2.5 billion, according to people familiar with the m

UPDATE 2-Workers at newly privatised Royal Mail to strike Nov. 4

* Strike threat comes after high profile selloff * Shares close down By Neil Maidment LONDON, Oct 16 (Reuters) - Workers at Britain's newly privatised Royal Mail postal service voted on Wednesday to strike for 24 hours on Nov. 4 if they cannot reach agreement with the firm on pa

Barclays named most complained about firm, FCA data reveals

Barclays has been named as the most complained about firm in the first half, according to data from the Financial Conduct Authority. It had 370,733 complaints in the first half, down 12% from the previous half. Lloyds TSB was the second most complained about financial services firm with 253,735 co

Complaints against UK banks decline in first half - FCA

* Complaints fall 500,000 vs previous 6 months-watchdog * Banks deal with 92 pct of complaints within 8 wks * Some 51 percent of complaints upheld * 2.55 bln stg paid out in compensation By Matt Scuffham LONDON, Oct 16 (Reuters) - Complaints against British banks fel

Barclays' Hector Sants takes stress-induced sick leave

Sir Hector Sants, the man brought in to put scandal-hit Barclays back on the straight and narrow, has been forced to take time off due to 'exhaustion and stress', it was revealed Wednesday. The former investment banker, who used to head up the Financial Services Authority (FSA), has been signed of

BBA Aviation Appoints Nigel Rudd As Its Next Non-Executive Chairman

Job fears and abuse take toll on bankers' health- study

By Belinda Goldsmith LONDON, Oct 16 (Reuters) - Fears of job cuts and "banker bashing" are taking a toll on the health of bank workers of all levels, according to an international study published on Wednesday that follows a trail of burnouts and tragedies in the world of finance. The

Deutsche Bank rates swap emails refer to customer being "screwed"

By Matt Scuffham and Estelle Shirbon LONDON, Oct 15 (Reuters) - A Deutsche Bank employee referred to a client not liking to know they were being "screwed" in a 2007 email concerning the sale of an interest rate swap which is now at the centre of a landmark UK court case. The comments

UPDATE 1-Senior Barclays banker takes time off for stress

By Belinda Goldsmith LONDON, Oct 15 (Reuters) - The head of compliance at Barclays Plc has become the latest senior banker to take time off for stress as the fallout from the financial crisis takes its toll on employees' health. Hector Sants was suffering from exhaustion and stress fo

Barclays' Hector Sants Takes Temporary Leave For Health Reasons

Barclays compliance chief Sants takes time off for stress

LONDON, Oct 15 (Reuters) - Hector Sants, Britain's former top financial regulator who joined Barclays Plc at the start of this year as head of compliance, is to take the rest of the year off after suffering from exhaustion and stress. Barclays said on Tuesday Sants had been diagnosed follow

UPDATE 2-UK competition watchdog rows back on audit reforms

* Firms should tender for accounting work every 10 years * Had previously considered demand to tender every 5 years * EU likely to go step further with mandatory auditor change By Huw Jones LONDON, Oct 15 (Reuters) - Britain has pulled back from accounting reforms that wou

Sector movers: RBS leads banks lower after BofA downgrade

UK-listed banks were out of favour on Monday as macro concerns weighed on investor appetite for risk; Royal Bank of Scotland was a heavy faller after being hit with a downgrade by Bank of America Merrill Lynch. The US broker lowered its rating for RBS from 'neutral' to 'underperform', cutting its p

FTSE 100 movers: Johnson Matthey tops leaders after upgrade

The share price of chemicals group Johnson Matthey jumped on Monday after the stock was upgraded by JPMorgan Cazenove from 'neutral' to 'overweight'. The US bank hiked its target price for the shares from 2,800p to 4,000p, saying that it sees "major potential from a swathe of new global industrial c