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Pin to quick picksBarclays Share News (BARC)

Share Price Information for Barclays (BARC)

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Share Price: 212.65
Bid: 180.40
Ask: 224.00
Change: 0.00 (0.00%)
Spread: 43.60 (24.169%)
Open: 0.00
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Low: 0.00
Prev. Close: 212.65
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Barclays reaches $100m Libor-rigging settlement with US states

Tue, 09th Aug 2016 12:08

(ShareCast News) - Barclays agreed to pay $100m, or £77m, to 44 US states for "fraudulent and anti-competitive conduct" in the Libor interest rate rigging scandal.The fine will be shared between 43 US states and the district of Columbia. It follows the £290m fine by the Financial Services Authority, now the Financial Conduct Authority, the US Commodity Futures Trading Commision and the US Department of Justice in 2012.Attorney-generals from New York and Connecticut led the investigation into the bank's role in rigging the US dollar Libor rate, which is the global benchmark interest rate banks charge each other for short-term loans denominated in that currency.Eric Schneiderman, the New York attorney-general, said: "There has to be one set of rules for everyone, no matter how rich or how powerful, and that includes big banks and other financial institutions that engage in fraud or impair the fair functioning of financial markets."As a result of Barclays's misconduct, government entities and not-for-profits were defrauded of funds that otherwise could have been used to benefit the people of New York."Barclays said it was pleased to resolve the investigation by the attorney-generals. "We believe this settlement is in the best interests of our shareholders and clients, and allows us to continue to focus on the future and serve our clients."The bank did not deny, nor admit to the allegations of fixing Libor or Euribor, the Euro interbank offered rate.The Libor rate is used to price about $350trn-worth of financial products and Schneiderman said not-for profits organisations and governments were defrauded due to the bank and other financial institutions influencing the rate.The investigation revealed e-mail exchanges between Barclays staff about changing the Libor rate during the 2008 financial crisis and during a separate period to benefit traders.Barclays became the first bank to reach a settlement with investors in 2014 over the scandal and paid about $20m to Metzler Investment and two FTC Capital hedge funds.Shares in Barclays were up 2.30% to 161.01p at 1317 BST.
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24 Oct 2023 12:00

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24 Oct 2023 09:22

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24 Oct 2023 09:11

TOP NEWS: Barclays cuts UK outlook, third-quarter revenue falls short

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24 Oct 2023 07:55

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24 Oct 2023 07:28

Barclays beats Q3 profit forecasts but cuts NIM guidance

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17 Oct 2023 15:43

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Wednesday 18 October 
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Antofagasta PLCTrading Statement
BHP Group LtdTrading Statement
Cirata PLCTrading Statement
Hochschild Mining PLCTrading Statement
Liontrust Asset Management PLCTrading Statement
Quilter PLCTrading Statement
Segro PLCTrading Statement
Sosandar PLCTrading Statement
Whitbread PLCHalf Year Results
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AJ Bell PLCTrading Statement
Centamin PLCQ3 Results
Deliveroo PLCTrading Statement
Dunelm Group PLCTrading Statement
GB Group PLCTrading Statement
Gear4Music PLCHalf Year Results
Hargreaves Lansdown PLCTrading Statement
London Stock Exchange Group PLCTrading Statement
Man Group PLCTrading Statement
Mondi PLCTrading Statement
PensionBee Group PLCTrading Statement
Rathbones Group PLCTrading Statement
Relx PLCTrading Statement
Rentokil Initial PLCQ3 Results
Sabre Insurance Group PLCTrading Statement
Schroders PLCTrading Statement
St James's Place PLCTrading Statement
Friday 20 October 
Foxtons Group PLCTrading Statement
InterContinental Hotels Group PLCTrading Statement
Record PLCTrading Statement
Monday 23 October 
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South32 LtdTrading Statement
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Anglo American PLCTrading Statement
Barclays PLCQ3 Results
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Travis Perkins PLCTrading Statement
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Copyright 2023 Alliance News Ltd. All Rights Reserved.

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16 Oct 2023 09:30

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(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

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13 Oct 2023 15:48

UK earnings, trading statements calendar - next 7 days

Monday 16 October 
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Bellway PLCFull Year Results
BP Marsh & Partners PLCHalf Year Results
IntegraFin Holdings PLCTrading Statement
Jupiter Green Investment Trust PLCTrading Statement
Moneysupermarket.com Group PLCTrading Statement
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Vanquis Banking Group PLCTrading Statement
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BHP Group LtdTrading Statement
Cirata PLCTrading Statement
Hochschild Mining PLCTrading Statement
Liontrust Asset Management PLCTrading Statement
Quilter PLCTrading Statement
Segro PLCTrading Statement
Sosandar PLCTrading Statement
Whitbread PLCHalf Year Results
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AJ Bell PLCTrading Statement
Centamin PLCQ3 Results
Deliveroo PLCTrading Statement
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GB Group PLCTrading Statement
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Hargreaves Lansdown PLCTrading Statement
London Stock Exchange Group PLCTrading Statement
Man Group PLCTrading Statement
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PensionBee Group PLCTrading Statement
Rathbones Group PLCTrading Statement
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Foxtons Group PLCTrading Statement
InterContinental Hotels Group PLCTrading Statement
Record PLCTrading Statement
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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Barclays nixes ex-CEO Staley's bonuses after FCA's Epstein judgement

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