Barclays Share News (BARC)
BARC Share
BARC Share
BARC Share
BARC Share
BARC
BARC Share
BARC Level 2
BARC Live
BARC Broker
BARC Directors
BARC Financial
BARC
BARC Short
BARC
Last checked at -
* UBS future strategy focuses on wealth businesses * Investors on alert for wealth outflows in Q1 after Libor fines * UBS confident clients will stick with bank By Chris Vellacott and Sinead Cruise LONDON, Dec 20 (Reuters) - Private clients who have stood by UBS through repeated scandals will have t
Read more* Hong Kong launches new investigation * Two senior UBS traders criminally charged in U.S. * UBS fined $1.5 billion - second-largest fine ever levied on bank * Penalty will widen UBS Q4 loss By Katharina Bart and Tom Miles and Aruna Viswanatha ZURICH/NEW YORK Dec 19 (Reuters) - U.S. prosecutors char
Read more(Alison Frankel writes the On the Case blog for Thomson Reuters News & Insight http://newsandinsight.com. The views expressed are her own.) By Alison Frankel NEW YORK, Dec 19 (Reuters) - Everyone who has ever claimed that the financial industry is overregulated should be forced to read the final not
Read more* Case could set precedent for other local authorities * May be "bit of a tsunami" for financial system -lawyer * Four banks ordered to hand back 90 million euros and fined * Verdict comes as UBS hit with $1.5 bln Libor penalty By Giulio Piovaccari and Silvia Aloisi MILAN, Dec 19 (Reuters) - An Ital
Read moreBy Tom Miles and Katharina Bart ZURICH, Dec 19 (Reuters) - Unlike the outrage that hit Barclays after the British bank was fined for rigging a benchmark interest rate, reaction in Switzerland to UBS's 1.4 billion franc ($1.53 billion) penalty for the same offence has been muted. There appears to be
Read more
The UK stock market staged a slight 'Santa rally' on Wednesday, with risk appetite increasing before Christmas on the back of a Greek ratings upgrade and a better-than-expected reading of German confidence. "Santa has returned to the markets, bringing some much needed cheer before the Christmas bre
Read moreInsurance and banking stocks were performing well on Wednesday afternoon after Credit Suisse upgraded its ratings on both sectors this morning. Lloyds was up 4% after the Swiss broker raised its view on European banks to 'benchmark' from 'small underweight', saying that the stock looks "abnormally
Read moreBy Steve Slater LONDON, Dec 19 (Reuters) - "Be a hero today," a UBS trader told "Superman" in July 2009. The response "I'll try mate ... as always" came from a broker taking orders from the Swiss bank. This exchange was one of 39 requests made by a UBS trader at the centre of an interest rate riggi
Read moreDec 19 (Reuters) - Libor, the London interbank offered rate, is a global benchmark for interest rates on everything from credit cards to trillions of dollars in financial derivatives and is at the heart of a scandal over rate rigging. Libor rates are based on daily estimates from a group of banks a
Read moreUK stocks were making gains in early trading on Wednesday with sentiment being lifted by improving developments in Greece. Yesterday evening, S&P upgraded its rating for Greece from 'selective default' to 'B-minus'. The yield on a 10-year Greek bond was down 13 basis points at 12.7% this morning.
Read moreBritain's biggest carmaker has given the British automotive industry a big boost by announcing it is to start building premium-priced cars under its upmarket Infiniti brand in Sunderland. The move by Nissan, which is already bringing Britain its first mass-produced all-electric car, the Leaf, will c
Read moreZURICH, Dec 19 (Reuters) - UBS Chief Executive Sergio Ermotti urged staff to uphold the Swiss bank's reputation after the bank said it would pay $1.5 billion in fines and admitted to fraud over manipulating global benchmark interest rates. "As I have said previously, no amount of profit is more impo
Read moreZURICH, Dec 19 (Reuters) - UBS said it will pay 1.4 billion Swiss francs ($1.53 billion) and admit wrongdoing at its Japanese arm to settle a wide-ranging, multi-regulator probe into how the Swiss bank's traders manipulated yen Libor and euroyen contracts. The Swiss bank's fine is second-largest eve
Read moreZURICH, Dec 19 (Reuters) - UBS said it will pay 1.4 billion Swiss francs ($1.53 billion) and admit wrongdoing at its Japanese arm to settle a wide-ranging, multi-regulator probe into how the Swiss bank's traders manipulated yen Libor and euroyen contracts. The Swiss bank's fine is second-largest eve
Read moreLONDON, Dec 19 (Reuters) - Hector Sants, the former head of Britain's Financial Services authority, will receive a remuneration package worth as much as 3 million pounds ($4.8 million) upon his move to Barclays Plc next month, the Financial Times reported on Wednesday. Sants, who will become Barclay
Read more
Last checked at