Barclays Share News (BARC)

Eight banks join chat network from Markit and Thomson Reuters

By Jennifer Saba Oct 7 (Reuters) - Goldman Sachs Group Inc, JPMorgan Chase & Co and six other banks have agreed to join a new instant messaging network from Markit and Thomson Reuters Corp to connect disparate messaging systems. The network, called Markit Collaboration Services, will

London close: Markets in 'wait-and-see' mode as shutdown continues

After fluctuating between gains and losses for most of the day, the FTSE 100 finished broadly flat on Friday as stocks struggled for direction. In the absence of economic news and ongoing political uncertainty in the States, markets remain in "wait-and-see mode", according Senior Market Analyst Mic

Bank of England Appoints Finance Director

Bank of England hires Barclays executive Coates as finance director

LONDON, Oct 4 (Reuters) - The Bank of England said on Friday that it had hired the finance director of Barclays' British retail and business banking division to be its new finance director. Ralph Coates, 40, has worked at Barclays since 2004 and will start his new role on Nov. 4. He succee

Broker tips: Barclays, GlaxoSmithKline, Tate & Lyle

Investec has raised its recommendation for banking group Barclays from 'add' to 'buy' and retained its 300p target price despite what is expected to be a 'lacklustre' third-quarter report on October 30th. Analyst Ian Gordon said that the upgrade is due to a combination of: passing rights issues-rel

UPDATE: Barclays Receives 94.63% Acceptances For GBP6B Rights Issue

UPDATE 2-Barclays wraps up 5.8 bln stg cash call to bolster capital

* Barclays says 94.6 pct of shareholders subscribe to rights issue * "Rump" placing worth 463 mln stg sold at 268 pence/share * End of 5.8 bln stg rights issue to meet leverage ratio rules * Shares down 0.1 pct at 272p By Steve Slater LONDON, Oct 4 (Reuters) - Barcla

UK Banks Making Slow Progress On Interest Rate Product Mis-selling Reviews

London midday: UK markets lack direction as US budget impasse persists

After a slow start, the FTSE 100 had erased losses by midday on Friday but markets remain subdued as stocks struggle for direction in the absence of economic news and ongoing political uncertainty in the States. Since the partial shutdown of the US government has extended into its fourth day, gove

UPDATE 2-UK banks slow to compensate firms for swaps mis-selling

* Banks paid out 2 mln stg so far * Banks have set aside 3 bln stg for compensation costs * Regulator says payouts slower than expected * Regulator says banks told to make offers by end of year * 1,000 offers expected to be made in October By Matt Scuffham LOND

Friday broker round-up UPDATE

Aberdeen Asset Management: JP Morgan lowers target price from 523p to 509p maintaining an overweight rating. Admiral Group: Canaccord Genuity cuts target price from 1200p to 1160p retaining its sell recommendation. API Group: Numis downgrades to add with a target price of 85p. Arbuthnot Banking G

Barclays announces 95 per cent uptake of cash call

Barclays said there has been a 95 per cent uptake of its 5.8bn-pound cash call on Friday. The cash call was made in the form of a rights issue allowing existing shareholders to buy shares at a discount. Underwriters Credit Suisse, Deutsche Bank, BofA Merrill Lynch and Citi will now begin to sell t

Broker snap: Investec upgrades Barclays to 'buy'

Investec has raised its recommendation for banking group Barclays from 'add' to 'buy' and retained its 300p target price despite what is expected to be a 'lacklustre' third-quarter report on October 30th. Analyst Ian Gordon said that the upgrade is due to a combination of: passing rights issues-rel

BROKER RATING CHANGES: Investec Raises Barclays To Buy

London open: Stocks fall as US shutdown continues

Markets look to end the week on a quiet note with stocks lacking direction in the absence of the all-important US jobs report; the FTSE 100 fell slightly in the red on Friday morning. Since the partial shutdown of the US government has extended into its fourth day, governmental agencies and departm