Barclays Share News (BARC)

Barclays CoCos at risk from PRA Pillar 2 change

By Owen Sanderson LONDON, Sept 5 (IFR) - Barclays could lose the regulatory benefit from its contingent capital notes if the PRA takes a more a stringent line on Pillar 2 capital, which could lead to the notes being called early or being the subject of a liability management exercise, accor

London open: Stocks surge ahead of BoE, ECB meetings

The FTSE 100 jumped strongly in early trading on Thursday as investor risk appetite increased ahead of policy decisions from the Bank of England (BoE) and the European Central Bank (ECB) later on. The Bank of Japan meeting overnight was "a bit of a non-event", according to Market Analyst Craig Erla

Barclays Rights Issue To Take Place September 13

FCA Says RBS Conducting The Most Interest-Rate Product Mis-selling Reviews

RPT-UPDATE 2-UK banks "slow" to pay out on swaps mis-selling claims

* Banks so far paid out 500,000 on swaps compensation * They have set aside 3 billion pounds to deal with cases * 10 out of over 15,000 customers compensated * BBA says banks suspended payments for those in distress By Matt Scuffham and Huw Jones LONDON, Sept 4 (Reut

UPDATE 2-Barclays sets out details for September share issue

LONDON, Sept 4 (Reuters) - British bank Barclays said investors need to be on its share register by Sept. 13 to qualify for the launch of its 5.8 billion pound ($9 billion) rights issue. The bank said on Wednesday the entitlement to take part in the issue will be the close of business on S

RPT-UPDATE 1-Barclays to launch cash call on September 13

LONDON, Sept 4 (Reuters) - British bank Barclays said on Wednesday it will launch its 5.8 billion pound ($9 billion) rights issue, the biggest by a British bank since 2009, on Sept. 13. The bank is raising the money after Britain's financial regulator said it needed an extra 12.8 billion p

Barclays sets record date for upcoming rights issue

Barclays said the anticipated record date for shareholders to be entitled to participate in its upcoming rights issue will be the close of business on September 13th. Shareholders taking part in the scrip dividend programme who have decided to take some of their dividend in shares will get them be

UPDATE 1-UK banks start payouts for mis-selling rate swaps

LONDON, Sept 4 (Reuters) - Britain's banks have paid out 500,000 pounds ($780,000) to compensate companies for mis-sold interest rate swaps and the figure is set to rise rapidly in coming months, the Financial Conduct Authority (FCA) said on Wednesday. The bill is the latest faced by banks,

UK watchdog says rate swaps compensation payments started

LONDON, Sept 4 (Reuters) - Britain's markets watchdog said banks have started paying compensation for mis-selling of interest rate swaps and the bill is expected to increase rapidly over coming months. The products were designed to protect smaller companies against rising interest rates but

UPDATE 2-Mexico starts 2014 oil hedging program after Syria rally

(Adds details of hedging program) By Robert Gibbons and Marianna Parraga NEW YORK/HOUSTON, Sept 3 (Reuters) - Mexico has started executing its 2014 oil hedging program, energy trade sources said on Tuesday, bringing one of the biggest national oil sellers into the market as crude pric

MOVES-Fidelity Worldwide Investment, Manulife, Deutsche Asset

Sept. 3 (Reuters) - The following financial services industry appointments were announced on Monday and Tuesday. To inform us of other job changes, email to moves@thomsonreuters.com. ** MANULIFE ASSET MANAGEMENT The global asset management company named Scott Eversole as managing dire

UPDATE 1-Barclays to sell UAE retail bank as revamp gathers pace

* Potential sale may impact up to 280 employees * British lender to keep two branches in UAE * Sale seen attracting local UAE lenders * Barclays follows other U.K. banks in selling UAE business By Dinesh Nair DUBAI, Sept 3 (Reuters) - Barclays Plc will sell its retai

Tuesday broker round-up

ASOS: Exane increases target price from 5000p to 6000p and keeps an outperform rating. Associated British Foods: Exane upgrades to outperform with a target price of 2400p. Balfour Beatty: Berenberg ups target price from 270p to 300p and retains its buy recommendation. Barclays: Berenberg takes ta

Barclays decides to sell UAE retail bank after review

By Dinesh Nair DUBAI, Sept 3 (Reuters) - Barclays Plc has decided to sell its retail banking operations in the United Arab Emirates after conducting a review of the business, the British lender said on Tuesday. The potential sale may impact up to 280 employees, a source familiar with