Barclays Share News (BARC)

Barclays promotes Miller to head of Americas banking

By Soyoung Kim and Michael Erman NEW YORK, Oct 9 (Reuters) - Barclays Plc named investment banker John Miller to the newly created position of head of banking for the Americas, according to an internal memo seen by Reuters. The bank's global group heads based in the Americas will repo

Barclays treasurer de Vitry to leave

LONDON, Oct 9 (Reuters) - Barclays' group treasurer is leaving the British bank, marking the departure of another of the senior investment bankers who moved up through the ranks under former boss Bob Diamond. Benoit de Vitry has been at Barclays for 13 years and been treasurer since late 20

Britain creates watchdog to shake up banking payments system

* New regulator up and running in early 2015 * Payments Council industry body to be replaced By Huw Jones LONDON, Oct 9 (Reuters) - Britain is to set up a new regulator to prise open the privately-owned payments system and cut the cost for new entrants to take on big high street

John Laing Chairman subscribes for shares in firm's largest ever raising

John Laing Infrastructure Fund (JLIF) announced that two of its directors, Chairman Paul Lester and fellow board member Chris Spencer, had each subscribed for 20,000 newly issued shares in the group as part of its largest ever raising of new equity. The shares were priced at 111p, costing each of

DIRECTOR DEALINGS: Barclays PLC Non-Exec Buys Shares

FTSE 100 movers: Vedanta hit by downgrade

Vedanta Resources delivered record oil and gas production and a rise in the output of refined zinc, lead and silver in the second quarter. However, the stock was among the worst performers today after reportedly being downgraded by Morgan Stanley to 'underweight'. ARM Holdings also took a hit, trac

London midday: Markets pause at three-month low as UK data disappoints

Disappointing UK production figures and the ongoing political deadlock in the US weighed on market sentiment on Wednesday morning, with the FTSE 100 subdued after hitting a three-month low the day before. London's benchmark FTSE 100 index was trading broadly flat by midday, erasing earlier losses,

Wall Street's hot trade: compliance officers

By Aruna Viswanatha WASHINGTON, Oct 9 (Reuters) - The kings of Wall Street used to be the traders and investment bankers who said yes to big deals and big trades, but today's power brokers increasingly are the compliance officers who quite often say no to risky proposals. As the U.S.

STOCKS NEWS EUROPE-Lloyds lifts banks as Investec upgrades stock

Part-nationalised bank Lloyds rises up onto the FTSE 100's leaderboard, dragging up other rival UK bank stocks, which traders attribute to the effect of a broker upgrade on the stock. Investec raises its rating on Lloyds to "buy" from "hold", helping push Lloyds' shares up by 1.1 percent t

BROKER RATING CHANGES: Investec Raises Lloyds Banking To Buy From Hold

Wednesday broker round-up UPDATE

Air Partner: Liberum Capital initiates with a target price of 555p and a buy recommendation. Alent: Credit Suisse moves target price from 420p to 430p and keeps an outperform rating. AZ Electronic Materials: Credit Suisse revises target price from 350p to 330p, while staying with its neutral ratin

London close: FTSE 100 at three-month low as IMF cuts global outlook

Disappointing economic data and the ongoing US government shutdown sparked a sell-off on London's FTSE 100 on Tuesday, with the index falling to levels not seen in over three months. Meanwhile, as the budget impasse continues in Washington, the International Monetary Fund (IMF) today cut its outloo

Tuesday broker round-up UPDATE

Aviva: Alphavalue shifts target price from 366.70p to 366.20p downgrading from reduce to sell. Barclays: Credit Suisse reinitiates with a target price of 280p and a neutral recommendation. BHP Billiton: Alphavalue reduces target price from 1972.70p to 1732p downgrading from add to reduce. Chesnar

STOCKS NEWS EUROPE-Barclays investment bank seen hit hard by leverage rules

Barclays' profits will come under pressure as its investment bank revenues contract and the bank shrinks its assets by 170 billion pounds ($273 billion) in the next two years, double its announced plan, analysts at Credit Suisse say. Credit Suisse, which is house broker to Barclays, cuts it

BROKER RATING CHANGES: Liberum Initiates Trinity Mirror At Buy