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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: 204.00
Bid: 203.95
Ask: 204.05
Change: -0.35 (-0.17%)
Spread: 0.10 (0.049%)
Open: 204.00
High: 207.45
Low: 202.75
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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Ex-Barclays duo agree Panmure and Liberum investment bank merger

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15 Jan 2024 06:01

London finance job vacancies slumped nearly 40% in 2023, recruiter says

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11 Jan 2024 17:03

M&S shares, Wall Street sell-off drag FTSE lower

U.S. inflation data sparks selloff

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11 Jan 2024 11:36

UK finance watchdog probes possible motor finance misconduct

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11 Jan 2024 09:26

TOP NEWS: Big Yellow rent hike saves revenue from decreased occupancy

(Alliance News) - Big Yellow Group PLC on Thursday said that revenue and lettable area had increased despite occupancy dropping during the "seasonally weaker third quarter".

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Norway's Dec core inflation lower than expected

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10 Jan 2024 13:00

Global activist investors pressed companies to sell or spin in 2023 as M&A dropped off

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9 Jan 2024 07:44

LONDON BRIEFING: B&M to declare special payout; strong start for Unite

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5 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.

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21 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.

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