Barclays Share News (BARC)

UK watchdog says rate swaps compensation totals 1.5 mln stg

LONDON, Oct 4 (Reuters) - Britain's markets watchdog said on Friday banks have so far paid out 1.5 million pounds ($2.4 million) compensating small businesses mis-sold complex interest rate hedging products. The products were designed to protect smaller companies against rising interest rat

Barclays rights issue gets 94.63 percent take up

LONDON, Oct 3 (Reuters) - Barclays said on Friday 94.63 percent of shareholders signed up to a 6 billion pound ($9.7 billion) fundraising which allows them to buy new shares at a discount. Barclays is raising the cash from a rights issue to fill a capital shortfall. The rest of the shares w

Barclays set for $500 mln placing to cap share issue

LONDON, Oct 3 (Reuters) - Barclays is expected to sell at least 300 million pounds ($487 million) of its shares in the market on Friday, as the British bank finds a home for shares not taken by existing investors in a 6 billion pound fundraising. Barclays is raising the cash from a rights i

Barclays shows oil trade ambitions with Hawaiian foray

LONDON, Oct 3 (Reuters) - Barclays is finding new ways to boost its commodities business, offering trading services as part of a mix of capital solutions and merger advice in an approach showing banks can succeed in keeping trading desks despite tighter regulations. The British lender is a

U.S. regulators release biggest banks' second set of 'living wills'

WASHINGTON, Oct 3 (Reuters) - U.S. bank regulators on Thursday released portions of the biggest banks' updated "living wills," or blueprints for how they could be wound down in a crisis. The resolution plans are a key component of regulators' efforts to crack down on Wall Street after the 2

London close: Late rally not enough as FTSE 100 falls for fourth straight day

A slight bounce in the UK-listed mining sector saw the FTSE 100 rally on Wednesday afternoon but the index still finished firmly in the red, setting a fresh one-month low as political uncertainty in the US and Italy continued to weigh on sentiment. The FTSE 100 finished down 22.51 points at 6,437.5

UPDATE 1-Osun State issues Nigeria's debut sukuk at 14.75 pct -bankers

* Osun State issues Nigeria's first sukuk -bankers * Nigeria tapping into growing demand for Islamic debt By Chijioke Ohuocha LAGOS, Oct 2 (Reuters) - Nigeria's Osun State has issued a 10 billion naira ($62 mln) sukuk yielding 14.75 percent, bankers said on Wednesday, the first

FTSE 100 movers: Supermarket stocks take a hit

Coca-Cola HBC continued to slide lower to become the biggest faller this afternoon. However, much of the focus was on supermarket giant Tesco today as it registered steep losses after disappointing the market with its interim results. Half-year underlying pre-tax profit fell 7.4% to £1.4bn as an i

Dutch Rabobank expects imminent Libor settlement

LONDON/AMSTERDAM, Oct 2 (Reuters) - Dutch lender Rabobank expects to receive a multimillion-pound fine from British and U.S. regulators within a few weeks to settle allegations that its traders helped to manipulate benchmark interest rates. Two sources familiar with the situation said that

UK WINNERS & LOSERS: Domino's Pizza Jumps, Food Retailers Slip

London midday: ECB, political uncertainty in focus as stocks fall

The FTSE 100 suffered steep losses on Wednesday morning as buyers showed caution ahead of a policy decision in Europe, whilst political uncertainty in the US and Italy continues to erode risk appetite. The all-important European Central Bank (ECB) policy decision is due at 12:45 this afternoon, tho

BROKER RATING CHANGES: Citi Cuts Randgold And Fresnillo To Sell

Wednesday broker round-up UPDATE

Advanced Medical Solutions: N+1 Singer shifts target price from 84p to 90p and upgrades from sell to hold. Afren: Nomura lowers target price from 180p to 170p and retains a neutral rating. Aveva: Panmure Gordon raises target price from 2174p to 2374p and keeps a hold recommendation. Barclays: Soc

Bigger payouts seen for U.S. financial market whistleblowers

By Sarah N. Lynch WASHINGTON, Oct 1 (Reuters) - In the two years since U.S. market regulators launched programs to encourage whistleblowers to report corporate wrongdoers, all of five people have been rewarded, but officials are bolstering their efforts and predict lucrative payouts for tip

Barclays customer service head resigns

Oct 1 (Reuters) - An executive responsible for handling customer complaints at Barclays Plc has resigned, a spokesman for the British bank confirmed. Sky News first reported on Tuesday that Paul Maddox, Managing Director of Customer Service at Barclays, was to leave, weeks after a survey ca