Barclays Share News (BARC)

UK banks must make fast account switching work or face IT overhaul

* Rules letting Britons switch accounts fast begin Monday * Government also considering industry-wide IT platform * New rules are designed to stimulate competition * Bankers say new 7-day account switching must work By Matt Scuffham LONDON, Sept 13 (Reuters) - Britai

Co-Op Closer To New Deal With Lenders - Sky News

Friday broker round-up UPDATE

ASOS: Panmure Gordon raises target price from 4555p to 5950p maintaining a buy recommendation. AstraZeneca: Jefferies reduces target price from 3200p to 2850p and retains a hold recommendation. Barclays: Jefferies initiates with a target price of 367p and a buy recommendation. Barratt Development

RPT-Mining M&A standoff tests bankers' patience and skills

* Deal value, volume down sharply against last year * Excluding Glencore Xstrata, completed deals down a third By Sonali Paul and Clara Ferreira-Marques MELBOURNE/LONDON, Sept 12 (Reuters) - Bankers trying to move a mountain of mining assets for sale are being tested to the limi

Mining M&A standoff tests bankers' patience and skills

* Deal value, volume down sharply against last year * Excluding Glencore Xstrata, completed deals down a third By Sonali Paul and Clara Ferreira-Marques MELBOURNE/LONDON, Sept 12 (Reuters) - Bankers trying to move a mountain of mining assets for sale are being tested to the limi

Halcón Resources to sell oil leases in $303 mln deal

Sept 12 (Reuters) - Halcón Resources Corp said on Thursday it will sell leases in oil and natural gas reserves for $303 million. The sales involve three transactions that are expected to close in the fourth quarter. Halcón did not disclose the buyers. The land held about 21.2 millio

Broker tips: Barclays, Morrisons, SABMiller

Investec has downgraded its rating for banking group Barclays from 'buy' to 'add' but maintains that it is its preferred UK domestic lender. The target price for the stock has been lowered from 345p to 330p to reflect the impact of forthcoming dilution from the bank's so-called 'Leverage Plan'. "Th

Ex-Barclays team plans London-based Islamic asset manager

By Bernardo Vizcaino Sept 12 (Reuters) - A group of former Barclays executives are launching a London-based asset management firm that combines socially responsible and Islamic investment principles, seeking to build crossover appeal among both investor segments. The firm, named Arab

Broker snap: Investec downgrades Barclays ahead of share dilution

Investec has downgraded its rating for banking group Barclays from 'buy' to 'add' but maintains that it is its preferred UK domestic lender. The target price for the stock has been lowered from 345p to 330p to reflect the impact of forthcoming dilution from the bank's so-called 'Leverage Plan'. "T

Thursday broker round-up UPDATE

African Minerals: Deutsche Bank cuts target price from 550p to 450p and retains a buy recommendation. Citi lowers target price from 380p to 320p keeping a buy recommendation. Aggreko: Deutsche Bank reduces target price from 2100p to 1870p, while staying with its buy recommendation. ARM Holdings: G

Thursday tips round-up: Barclays, African Minerals, Sports Direct

At Barclays, the adaynniversary of the death of Lehman Brothers is an occasion for a toast, not revisiting old regrets. Yet for most it was then that a financial brush-fire morphed into an inferno. Barclays, however, was clever enough to pull out its cheque book and turn itself into an investment ba

UK banks could need extra 50 bln pounds under 'Basel IV' - KPMG

By Laura Noonan LONDON, Sept 12 (Reuters) - UK banks could need an extra 50 billion pounds to deal with extra capital requirements being layered on top of the incoming 'Basel III' package of global banking regulations, consultancy KPMG warned on Tuesday. KPMG said the introduction of

CORRECTED-EU makes Libor rigging punishable with fines and bans

(Corrects in 11th paragraph to show U.S. dollar is only ISDAFix rate collected by ICAP) STRASBOURG, France/LONDON, Sept 10 (Reuters) - Companies found guilty of rigging market benchmarks like Libor could be fined the equivalent of 15 percent of their turnover under a European Union law appr

CORRECTED-UPDATE 1-U.S. watchdog subpoenas swaps association over benchmark

(Corrects next to last paragraph to show U.S. dollar is only ISDAfix rate collected by ICAP) By Douwe Miedema WASHINGTON, April 8 (Reuters) - The top U.S. derivatives regulator is probing a widely used benchmark for swaps, the trade body overseeing the rate said, dealing a further blo

CORRECTED-U.S. watchdog subpoenas swaps association over its benchmark

(Corrects next to last paragraph of April 8 story to show U.S. dollar is only ISDAfix rate collected by ICAP) By Douwe Miedema WASHINGTON, April 8 (Reuters) - The top U.S. derivatives regulator is probing a widely used benchmark for swaps, the trade body overseeing the rate said, deal