Latest Share Chat

Barclays Share News (BARC)

Barclays Information

Buy BARC Shares
Add BARC to Watchlist
Add BARC to Alert

Share Price Information for Barclays (BARC)

Share Price is delayed by 15 minutes

Get Live Data

Share Price: 204.35

Bid: 204.75

Ask: 204.85

Change: 0.35 (0.17%)

Spread: 0.10 (0.049%)

Open: 202.00

High: 205.00

Low: 199.20

Prev. Close: 204.00

Last checked at -

Lloyds set to announce 10 per cent increase in bonus pool

Wed, 12th Feb 2014 15:58

Ahead of the release of its full year results on Thursday, Lloyds Banking Group reached an agreement with UK Financial Investments (UKFI) regarding the amount of bonuses which it will be allowed to pay out. The lender will announce its intention to pay out just under £400m in bonuses, an approximately 10% increase over the prior year's figure, Sky News reported. That was in line with the recent awards at rival Barclays, but would almost certainly become a 'talking point' in the media.Admittedly, some analysts also took issue with the current level of investment bank compensation."Until we see evidence that absolute costs are falling, that fixed income-currency-and commodities income has stabilised and that investment bank compensation ratios are consistently under 40% we would expect the stock to remain in the sideways pattern [...] it has been in since early 2013," wrote Cannacord Genuity analyst Gareth Jones. More importantly for Lloyds perhaps, the news comes at a time when provisions for various kinds of financial mis-demeanours. Thus, Michael Hewson, Chief Market Analyst at CMC Markets wrote on Wednesday: "We've seen these provisions increase quarter on quarter over the past few years with no evidence that we won't see more in the coming quarters either." Barclays Chief Executive, Antony Jenkins, justified the move by the need to retain talent in a competitive environment. Lloyds' boss Antonio Horta-Osorio, was set to receive an award of just under £2m in shares, deferred for five years.Furthermore, the stock would only vest if the share price was above 73.6p for a continuous period of six months or if the government is able to sell at least half of its remaining stake at a profit.The above amount was the price at which Lloyds was bailed out by taxpayers in 2008. AB

More News

26 Apr 2024 16:35

London close: Stocks buoyed by banking, mining positivity

(Sharecast News) - London's equity markets closed positively on Friday, buoyed by gains in the banking sector following better-than-expected results from NatWest.

26 Apr 2024 16:19

European bank stocks at highest since 2015 after earnings boost

STOXX Europe 600 banks index highest since Oct. 2015

26 Apr 2024 09:45

NatWest profit falls less than feared ahead of state escape

First-quarter profit down 27% in competitive market

26 Apr 2024 09:33

LONDON BROKER RATINGS: Peel Hunt cuts ConvaTec to 'reduce'

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

25 Apr 2024 16:57

LONDON MARKET CLOSE: FTSE 100 shakes off red-hot US inflation gauge

(Alliance News) - London's FTSE 100 outperformed on Thursday, enjoying a solid rise on largely well-received corporate earnings and a share price jump for miner Anglo American after it received a takeover bid from peer BHP.

25 Apr 2024 15:14

London close: Stocks finish mixed as US GDP growth slows

(Sharecast News) - London's stock markets finished with a mixed performance on Thursday, as investors digested a slower-than-expected GDP growth reading from the United States, while a slew of well-received earnings underpinned the top-flight index.

25 Apr 2024 11:00

Where are Wall Street's analyst notes on Trump's Truth Social?

NEW YORK, April 25 (Reuters) - Trump Media & Technology Group is one of the most actively traded U.S. stocks, yet Wall Street's equity analysts are staying clear.

25 Apr 2024 09:19

Barclays Q1 profit falls 12% as trading slump hits

Q1 profit of 2.3 bln pounds, just above forecasts

25 Apr 2024 08:36

TOP NEWS: Barclays first quarter profit falls but beats expectations

(Alliance News) - Barclays PLC on Thursday reported a fall in first quarter profits as a weak investment banking performance hindered performance.

25 Apr 2024 07:56

REPEAT: Miner Anglo American reviews takeover bid from rival BHP

(Alliance News) - Stocks in London are called to open slightly higher, after a busy start to the day, with corporate earnings and updates.

25 Apr 2024 07:43

LONDON BRIEFING: Miner Anglo American eyes rival BHP takeover

(Alliance News) - Stocks in London are called to open slightly higher, after a busy start to the day, with corporate earnings and updates.

25 Apr 2024 07:01

Barclays Q1 profits fall 12%

(Sharecast News) - Barclays Bank reported a 12% fall in first-quarter profit on lower income as customers shopped around for better savings rates and mortgage deals.

24 Apr 2024 22:47

Microsoft-backed Rubrik prices IPO above range at $32 per share, source says

NEW YORK, April 24 (Reuters) - Rubrik, the cybersecurity software startup that counts Microsoft among its investors, priced its initial public offering at $32 per share on Wednesday above its indicated price range, according to a person familiar with the matter.

24 Apr 2024 19:38

Barclays takes EUR260 million loss from Italian mortgage book sale

(Alliance News) - Barclays PLC on Wednesday said it would book a EUR260 million pretax loss after agreeing the disposal of its Italian mortgage portfolio.

24 Apr 2024 11:57

Thursday preview: US Q1 GDP, Barclays in focus

(Sharecast News) - Investors' attention on Thursday will be on a first reading for U.S. gross domestic product growth during the first quarter.

Latest Share Chat

Barclays Share News (BARC)

Share Price Information for Barclays (BARC)

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Lloyds set to announce 10 per cent increase in bonus pool

Login to your account

Quickpicks are a member only feature

Login to your account