Barclays Share News (BARC)

Barclays To Contest GBP50 Million UK Fine Over Qatari Capital

Barclays reports five per cent drop in adjusted year-to-date income

Barclays said Monday that its adjusted income for July and August was lower than in the same period of the previous year, resulting in a five per cent year-on-year decline in adjusted income for the eight-month period to August 31st. The banking giant said adjusted income fell £500m in those two m

Barclays faces 50 mln stg fine for "reckless" Qatar fundraising

LONDON, Sept 16 (Reuters) - Britain's financial watchdog said Barclays Plc had "acted recklessly" over its failure to adequately disclose details of a 2008 fundraising with investors in Qatar and plans to fine the bank 50 million pounds ($79 million), Barclays said. Barclays said the Financ

Barclays Publishes Rights Issue Prospectus, Investment Bank Trading Worsens

Barclays faces fine for breaching market listing rules - UPDATE

Barclays has confirmed reports that it is facing a 50m-pound fine for allegedly breaching market listing rules over its capital raisings. The Financial Conduct Authority (FCA) is seeking the penalty against the lender for allegedly failing to disclose enough details to the stock market about its £1

Monday broker round-up

AEC Education: WH Ireland places both its target price (prev.: 11p) and its recommendation under review. Aggreko: Citi reduces target price from 2100p to 2000p leaving its buy recommendation unaltered. Allergy Therapeutics: Panmure Gordon lowers target price from 18p to 16p, while keeping its buy

Barclays investment bank income down sharply in July-Aug

LONDON, Sept 16 (Reuters) - Barclays said its income in July and August was down by 500 million pounds ($793 million) from a year ago and revenues in its investment Bank were "significantly" below levels of a year ago, especially in fixed income. Barclays gave the trading update as it publi

London midday: FTSE 100 at six-week high after Summers' withdrawal

News that Larry Summers has dropped out of the running for Federal Reserve Chairman gave market sentiment a boost on Monday morning while concerns over Syria eased. London's FTSE 100 surged to a six-week high of around 6,639 today - the last time the index closed higher was on August 2nd when it en

Broker tips: Barclays, Wolseley, Prudential

Nomura has upgraded its recommendation for Barclays by two notches from 'reduce' to 'buy' saying that the UK banking group is well-positioned for building macroeconomic momentum. "With growth in the developed world likely to continue well into the start of next year, stocks geared to capital market

Broker snap: Nomura upgrades Barclays to 'buy'

Nomura has upgraded its recommendation for Barclays by two notches from 'reduce' to 'buy' saying that the UK banking group is well-positioned for building macroeconomic momentum. "With growth in the developed world likely to continue well into the start of next year, stocks geared to capital market

RPT-Gulf Capital hires Rothschild to advise on overseas share issue

DUBAI, Sept 16 (Reuters) - Abu Dhabi's Gulf Capital said on Monday it has hired an investment bank to advise it on a renewed attempt to issue shares in oil and gas services firm, Gulf Marine, on an overseas stock exchange. The private equity firm, which owns 79 percent of the Middle East's

RPT-Gulf Capital hires Rothschild to advise on overseas share issue

DUBAI, Sept 16 (Reuters) - Abu Dhabi's Gulf Capital said on Monday it has hired an investment bank to advise it on a renewed attempt to issue shares in oil and gas services firm, Gulf Marine, on an overseas stock exchange. The private equity firm, which owns 79 percent of the Middle East's

Gulf Capital hires Rothschild to advise on overseas share issue

Sept 16 (Reuters) - Abu Dhabi's Gulf Capital said on Monday it has hired an investment bank to advise it on a renewed attempt to issue shares in oil and gas services firm, Gulf Marine, on an overseas stock exchange. The private equity firm, which owns 79 percent of the Middle East's largest

First Gulf Bank may bid for Barclays' UAE retail arm - CEO

DUBAI, Sept 16 (Reuters) - First Gulf Bank (FGB), the United Arab Emirates' third largest bank, may look to buy Barclays Plc's retail banking operations in the United Arab Emirates, FGB's chief executive said on Monday. The British lender has decided to sell the retail banking business foll

UK PRESS: Ex-Barclays CEO Says Banking Reform Progress "Insufficient" - FT