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Pin to quick picksBarclays Share News (BARC)

Share Price Information for Barclays (BARC)

London Stock Exchange
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Share Price: 206.25
Bid: 206.10
Ask: 206.20
Change: 1.90 (0.93%)
Spread: 0.10 (0.049%)
Open: 204.00
High: 207.45
Low: 203.75
Prev. Close: 204.35
BARC Live PriceLast checked at -

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CORRECTED-UPDATE 1- BlackRock says executive rejected RBS approach

Wed, 24th Jul 2013 14:34

(Corrects lede to clarify McCombe was not offered RBS CEO job)

July 24 (Reuters) - BlackRock Inc said its head ofAsia Pacific operations, Mark McCombe, spurned an approachregarding the role of chief executive at Royal Bank of Scotland and will remain with the world's largest fund manager.

The Financial Times cited sources on Tuesday saying thatMcCombe, a former head of HSBC Holdings Plc's Hong Kongoperations, had emerged as the external frontrunner for theposition of RBS chief executive.

BlackRock spokesman Brian Beades told Reuters that McCombesent a note to his senior staff informing them that he had beencontacted by RBS but had elected to remain with the firm.

RBS is looking for a replacement for ousted Chief ExecutiveStephen Hester, whose departure last month was engineered byChairman Philip Hampton with the backing of Britain's financeministry.

Hampton and Anna Mann's MWM headhunting firm areinterviewing candidates and could name a new chief executive byAug. 2, along with the bank's second-quarter results, the FTsaid. (http://link.reuters.com/nyc89t)

David Roberts, the deputy chairman of Lloyds and a formerbanker at Barclays Plc, is seen as a second credibleexternal candidate for the post, the newspaper added.

External candidates touted by industry sources and analystsalso include Richard Meddings, finance director at StandardChartered Plc.

Internal options would include Finance Director Bruce VanSaun, and Nathan Bostock, currently head of restructuring andrisk and a former Abbey National finance chief.

RBS declined to comment on the matter. (Reporting by Abhirup Roy in Bangalore and Ashley Lau in NewYork; Editing by Stephen Coates and Louise Heavens)

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24 Nov 2023 09:20

PRESS: Barclays works on plan to cut 2,000 back office jobs - Reuters

(Alliance News) - Barclays PLC is working on restructuring plans that could involve cutting as many as 2,000 jobs to save GBP1 billion, Reuters reported on Thursday.

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24 Nov 2023 08:41

Barclays looking to save up to £1bn; 2,000 jobs at risk - report

(Sharecast News) - Barclays is reportedly working on plans to save as much as £1bn, which could result in as many as 2,000 job losses, mainly in the bank's back office.

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23 Nov 2023 11:28

Greencore signs new GBP350 million sustainability-linked facility

(Alliance News) - Greencore Group PLC on Thursday said it signed a new five-year GBP350 million sustainability-linked revolving credit facility.

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21 Nov 2023 06:24

Banks accused of 'lack of transparency' over green finance activities

(Alliance News) - Europe's 20 largest banks have been accused of a "structural lack of transparency" over their green finance activities.

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17 Nov 2023 15:18

Barclays exploring acquisition of Tesco Bank - report

(Sharecast News) - Barclays has reportedly been exploring a potential acquisition of Tesco's banking operations.

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17 Nov 2023 09:55

LONDON BROKER RATINGS: Shore cuts Sage; Barclays raises NatWest

(Alliance News) - The following London-listed shares received analyst recommendations on Friday and Thursday.

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12 Nov 2023 20:09

Sunday newspaper round-up: Tax fraud scandal, Royal Mail, Metro Bank

(Sharecast News) - More claims against banks and individuals operating in the City linked to the so-called Cum-Ex case are likely. The tax fraud scandal - Europe's largest ever - is estimated to have cost German taxpayers alone almost £10bn. Among the lenders being investigated are Barclays, Bank of America Merrill Lynch, Morgan Stanley, BNP and Nomura, together with law firms and auditors. Last week, the Supreme Court ruled that Danish authorities could pursue an alleged £1.4bn Cum-Ex fraud in London. The decision may open the floodgates to to claims from regulators in other European countries. - Financial Mail on Sunday

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3 Nov 2023 08:43

LONDON MARKET OPEN: FTSE 100 climbs as focus turns to US nonfarms

(Alliance News) - Stock prices in London opened on the up on Friday, looking set to round off a positive week on the up, though a red-hot US jobs report could keep a lid on gains.

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27 Oct 2023 17:08

LONDON MARKET CLOSE: Poorly-received earnings weigh on European stocks

(Alliance News) - Stock prices in London closed mixed on Friday, hurt by share price falls for the banking sector, while investors also digested underwhelming earnings elsewhere and a US inflationary reading.

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27 Oct 2023 12:06

LONDON MARKET MIDDAY: Oil majors lift FTSE 100 but banks fall

(Alliance News) - Stock prices in London were up at midday on Friday, as the FTSE 100 was led higher by oil majors, tracking a rise in the Brent price.

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27 Oct 2023 09:12

LONDON MARKET OPEN: NatWest trims outlook and admits Farage "failings"

(Alliance News) - London's FTSE 100 opened slightly lower on Friday, as banking stocks weighed on the index, with NatWest the worst of the lot after admitting to "serious failings" following a review of the controversial closure of UK politician Nigel Farage's Coutts account.

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25 Oct 2023 09:38

LONDON BROKER RATINGS: Barclays cuts Mondi; Jefferies ups AB Dynamics

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:

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25 Oct 2023 09:10

LONDON MARKET OPEN: Essentra falls as profit hit; banks edge lower

(Alliance News) - Stock prices in London opened lower on Wednesday, as investors digest the latest company earnings.

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25 Oct 2023 08:39

TOP NEWS: Lloyds Banking profit up and sticks with margin outlook

(Alliance News) - Lloyds Banking Group PLC on Wednesday maintained its annual net interest margin guidance and reported consensus-topping third-quarter profit, though top-line growth fell just shy of loftier expectations.

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24 Oct 2023 17:08

LONDON MARKET CLOSE: FTSE 100 shakes off midday losses after US data

(Alliance News) - The FTSE 100 closed in the green on Tuesday following positive private sector data out of the US, despite figures closer to home showing a weaker UK private sector and rising unemployment.

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