Barclays Share News (BARC)

Piraeus Bank to list unit Geniki Bank in next six months -FT

Sept 27 (Reuters) - Piraeus Bank SA, Greece's second-largest bank, is planning to list unit Geniki Bank on the stock exchange in the next six months, the Financial Times reported on Thursday, citing people briefed on the plan. Piraeus has hired Deutsche Bank AG and Barclays PLC to advise on

London close: Stocks rise despite more unbalanced UK economy

London's benchmark FTSE 100 index ended the day up 14.06 points at 6,565.59, rebounding after hitting a two-week low of 6,551.53 on Wednesday. That came after a solid reading on US initial weekly unemployment claims - unemployment is the key variable for the short-term economic outlook. However,

FTSE 100 movers: Energy stocks hit by Labour pledge

British Gas owner Centrica and utility group SSE were today extending losses after yesterday's proposal by Labour leader Ed Miliband to freeze energy bills if the party is voted back into power in 2015. The stock has now slipped below its 200-day moving average following three days of intense sellin

Barclays To Stop Offering Wealth Management Services In Around 140 Countries

UK WINNERS & LOSERS: Travel Operators Head In Different Directions

London midday: Stocks fall as focus remains on US data

Markets were trading in negative territory on Thursday morning as investors gave a subdued reaction to in-line growth figures from the UK and awaited more economic data from the US. The second and final revision of UK gross domestic product (GDP) growth for the second quarter held steady at 0.7%. M

Barclays to cut wealth management services in 130 countries

Barclays will discontinue its wealth management services in 130 counties by 2016 and axe jobs, a spokesman told Reuters on Thursday. The move is part of the bank's strategy to slash costs and bolster profits. The spokesman said the bank is focusing on "reducing complexity and competing where we can

UPDATE 2-Barclays to shut wealth management services in 130 countries

Sept 26 (Reuters) - Barclays Plc will stop offering wealth management services in about 130 countries by 2016 and cut jobs in the unit as part of an effort to rein in costs and boost profit. "This is part of our new strategy, focusing on reducing complexity and competing where we can win,"

Barclays to shut wealth management services in 130 countries -FT

Sept 26 (Reuters) - Barclays Plc will stop offering wealth management services in about 130 countries by 2016 and cut jobs in the unit as part of an effort to rein in costs and boost profit, the Financial Times reported on Wednesday, citing the British bank. Barclays announced plans in Apri

MOVES- Barclays, RBC Capital, Sberbank, AXA Investment Managers

Sept 25 (Reuters) - The following financial services industry appointments were announced on Wednesday. To inform us of other job changes, email to moves@thomsonreuters.com. BARCLAYS The financial services provider has appointed Ester Li as managing director and head of generalist equ

UPDATE 4-ICAP fined $87 mln over Libor, three former staff charged

* ICAP is first broker to be sanctioned in global scandal * US lands criminal charges against three former ICAP employees * ICAP calls former staff "rotten apples" By Kirstin Ridley and Clare Hutchison LONDON, Sept 25 (Reuters) - U.S. and British authorities on Wednesday f

RPT-UPDATE 2-Top banks have 115 bln euro capital shortfall, most in Europe

* Global banks cut capital shortfall by 83 bln euros -Basel * EU banks have 70 bln eur shortfall, or 61 pct of total * Banks getting ready for Basel capital target * Big banks less prepared for new leverage ratio By Huw Jones and Steve Slater LONDON, Sept 25 (Reuters

London close: FTSE 100 falls to two-week low

Heavy falls from Carnival, Tesco and utility stocks weighed on the FTSE 100 on Wednesday while uncertainty over the US budget and Federal Reserve monetary policy continued to dampen sentiment. London's benchmark index finished 19.93 points lower at 6,551.53, a fall of 0.3% on the day. This was the

UPDATE 2-Deutsche Bank warns of lower investment bank revenue

* Deutsche Bank says subdued markets to hit Q3 revenue * Sees Q3 sales and trading declining significantly * Deutsche Bank slowdown mirrors broader market trend FRANKFURT, Sept 25 (Reuters) - Deutsche Bank warned that investment banking revenue would be significantly lower in t

Citadel, ex-Goldman unit in deal to create seamless order passage

NEW YORK, Sept 25 (Reuters) - A unit of hedge fund Citadel LLC and a spinoff of Goldman Sachs said on Wednesday they will join forces in a bid to create a seamless passage for an order from inception to clearinghouse by bridging the disparate worlds of traders and asset managers. Citadel Te