Last checked at 10 Jan 2024 17:07
European shares end lower, with miners and travel stocks leading losses
Norway's Dec core inflation lower than expected
*Read more
- Home
- Share Prices
- AQSE Share Prices
- Euronext
- Stock Screeners
- Share Chat
- FX
- News & RNS
- Events
- Media
- Trading Brokers
- Finance Tools
- Members
Latest Share Chat
Barclays Share News (BARC)
BARC Share
Price
BARC Share
News
BARC Share
Chat2
BARC Share
Trades
BARC
Live RNS
BARC Share
Charts
BARC Level 2
Console
BARC Live
Share Price
BARC Broker
Ratings
BARC Directors
Deals
BARC Financial
Diary
BARC
Fundamentals
BARC Short
Positions
BARC
Media
Barclays Information
Share Price Information for Barclays (BARC)
Share Price is delayed by 15 minutes
Get Live Data
Share Price:
202.35
Bid:
202.15
Ask:
202.25
Change:
0.00 (0.00%)
Spread:
0.10 (0.049%)
Open:
0.00
High:
0.00
Low:
0.00
Prev. Close:
202.35
Last checked at -
Watchlists are a member only feature
Login to your account
Don't have an account? Click here to register.Bank of England to impose tough new bonus clawback rules
Tue, 29th Jul 2014 15:31
The Bank of England (BoE) has decided to push ahead on its plans for super-tough bonus clawbacks on City bankers. The rules have been described as the toughest in the banking world but also "unreasonable" and even "unenforceable".A BoE consultation paper in March suggested bankers could be forced to give back cash up to six years after they had received and spent it.The Bank's Prudential Regulation Authority (PRA) has now decided to enforce these proposals, according to Sky News, with a policy statement to be published on Wednesday confirming that banks will have to amend the employment contracts of senior staff in order to implement the new rules, which will come into force on January 1st 2015.The clawback scheme will require banks to reclaim money already paid to employees even where the individuals have not been directly culpable of misconduct.The BoE would claw back bonuses where there had been "reasonable evidence of employee misbehaviour or material error", a "material downturn" in a bank's financial performance, or a "material failure of risk management" at a bank.Under current BoE powers firms can be prevented from paying unvested bonuses, called 'malus'; but the new proposals represent a further strengthening of the remuneration code. One positive for bankers is that the PRA has abandoned one part of its proposal for the new rules to be applied retrospectively, reported Sky.In its springtime submission to the consultation process, the British Bankers' Association said clawback rules would contravene employment law in some countries where UK banks operate, including Germany, France, Brazil and Mexico."Whilst clawback may be legally possible, the actual ability to enforce clawback will be dependent on the decision of a court to enforce clawback clauses in employment contracts," it added.Shares in Barclays, HSBC, Lloyds Banking, RBS and Standard Chartered all dipped slightly on the news, but all remained in positive territory on the day. OH
More News
10 Jan 2024 13:00
Global activist investors pressed companies to sell or spin in 2023 as M&A dropped off
NEW YORK, Jan 10(Reuters) - "Sell" or "split" was the favorite word for activist investors across the world last year when their demands for companies to pursue some form of mergers and acquisition-related activity hit a new record and appeared in roughly half of their 2023 campaigns even as M&A activity dropped off, according to new data from Barclays.
Read more9 Jan 2024 07:44
LONDON BRIEFING: B&M to declare special payout; strong start for Unite
(Alliance News) - Stocks in London are tipped for a solid start on Tuesday, following a strong performance on Wall Street and in Asian markets.
Read more5 Jan 2024 09:50
IN BRIEF: Prudential to buy back 4 million shares to offset awards
Prudential PLC - London-based, Asia-focused life and health insurer and asset manager - Contracts Barclays Capital Securities Ltd, part of Barclays PLC, to conduct a share buyback programme that will repurchase about 3.9 million shares at a maximum cost of GBP38 million. At the current market price, 3.9 million Prudential shares are worth GBP32.3 million. The buybacks are intended to offset the dilution that will be caused by the vesting of awards under Prudential's employee and agent share schemes.
Read more21 Dec 2023 12:59
Barclays extends lease on Canary Wharf headquarters until 2039
LONDON, Dec 21 (Reuters) - Barclays has signed an agreement with Canary Wharf Group (CWG) to extend the lease on its British headquarters in the financial district until 2039, CWG said on Thursday.
Read more20 Dec 2023 09:25
LONDON BROKER RATINGS: UBS cuts DS Smith; Kepler likes Genus
(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:
Read more20 Dec 2023 08:48
LONDON MARKET OPEN: Stocks feeling festive on UK, US rate cut hopes
(Alliance News) - Stock in London enjoyed a broad-based rally at Wednesday's open, as a surprise UK inflation print boosted risk sentiment, with investors pinning their hopes on UK and US interest rate cuts next year.
Read more19 Dec 2023 16:06
UK banks face 'step change' rule to reimburse defrauded customers
LONDON, Dec 19 (Reuters) - Britain's banks and other payment firms must reimburse defrauded customers to a maximum of 415,000 pounds ($529,000) from October next year to help combat scams, the Payment Systems Regulator (PSR) said on Tuesday.
Read more19 Dec 2023 15:11
UK banks face 'step change' rule to reimburse defrauded customers
LONDON, Dec 19 (Reuters) - Britain's banks must reimburse defrauded customers to a maximum of 415,000 pounds ($529,000) from October next year to help combat scams, the Payment Systems Regulator (PSR) said on Tuesday.
Read more15 Dec 2023 18:12
Britain's Metro Bank decides not to sell mortgage book
LONDON, Dec 15 (Reuters) - Britain's Metro Bank said on Friday it had abandoned its planned sale of a 3 billion pound ($3.8 billion) mortgage portfolio, citing market conditions.
Read more14 Dec 2023 12:00
Fnality completes 'world's first' blockchain payments at Bank of England
LONDON, Dec 14 (Reuters) - Fnality, a blockchain-based wholesale payments firm, said on Thursday that shareholders Lloyds Banking Group, Santander and UBS had completed the "world's first" live transactions that digitally represent funds held at a central bank.
Read more14 Dec 2023 10:51
France's Credit Agricole to stop financing new fossil fuel projects
Vows to triple financing of renewable energy projects by 2030
*Read more12 Dec 2023 09:10
UK lenders face smaller impact from Basel rules than rivals, BoE says
LONDON, Dec 12 (Reuters) - The Bank of England said on Tuesday that implementing the final leg of the global Basel bank rules will increase capital requirements at UK banks by 3%, far less than for their European Union and U.S. peers.
Read more12 Dec 2023 07:16
BoE says UK lenders to be hit less than EU, U.S. rivals by Basel capital rules
LONDON, Dec 12 (Reuters) - The Bank of England said on Tuesday that implementing the final leg of the global Basel bank rules will increase capital requirements at UK banks by 3%, less than for their European Union and U.S. peers.
Read more7 Dec 2023 16:55
Director dealings: Barclays chair invests, York Holdings settles LSEG call options
(Sharecast News) - Nigel Higgins, the group chairman of Barclays, was on the buying side of the ledger on Thursday.
Read more