Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBarclays Share News (BARC)

Share Price Information for Barclays (BARC)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 213.25
Bid: 213.05
Ask: 213.15
Change: 1.60 (0.76%)
Spread: 0.10 (0.047%)
Open: 215.00
High: 215.00
Low: 211.90
Prev. Close: 211.65
BARC Live PriceLast checked at -

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

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 Jan 2024 17:39

Texas bans Barclays from local govt debt business over ESG concerns

NEW YORK, Jan 26 (Reuters) - Texas Attorney General Ken Paxton on Friday said Barclays bank would not be permitted to underwrite municipal bonds after failing to respond to questions from state authorities about its pledges to cut greenhouse gas emissions.

Read more
26 Jan 2024 17:08

Texas bans Barclays from local debt business over ESG concerns

NEW YORK, Jan 26 (Reuters) - Texas Attorney General Ken Paxton said on Friday that Barclays bank would not be permitted to underwrite municipal bonds after failing to respond to questions from state authorities about its carbon emissions reduction commitments.

Read more
25 Jan 2024 10:36

BoE says 'ring fencing' capital rules for retail banks need no big overhaul

LONDON, Jan 25 (Reuters) - The Bank of England said on Thursday that its rules requiring banks to "ring fence" their retail arms with bespoke buffers of capital have worked satisfactorily with no major overhaul needed.

Read more
25 Jan 2024 10:05

Bank of England says 'ring fencing' capital rules for retail banks need no major overhaul

LONDON, Jan 25 (Reuters) - The Bank of England said on Thursday that its rules requiring banks to "ring fence" their retail arms with bespoke buffers of capital have worked "satisfactorily" with no major overhaul needed.

Read more
23 Jan 2024 12:37

UK Chancellor Hunt meets top UK bank heads over plans to boost City

(Alliance News) - Jeremy Hunt has met the UK's biggest banks as part of efforts among the government to boost interest in the City.

Read more
22 Jan 2024 17:14

European shares rise as Wall Street rallies; ECB decision in focus

Kindred jumps on takeover bid from FDJ

*

Read more
22 Jan 2024 16:59

London stocks climb as homebuilders shine, China weakness drags miners

Barclays up after bullish view from MS

*

Read more
22 Jan 2024 08:34

LONDON MARKET OPEN: FTSE 100 follows New York into the green

(Alliance News) - Stock prices in London opened higher on Monday, propelled by gains on Wall Street at the end of last week.

Read more
19 Jan 2024 09:28

LONDON BROKER RATINGS: BofA cuts Pearson, raises Just Eat Takeaway

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

Read more
18 Jan 2024 14:33

Britain's finance minister Hunt to quiz bank bosses on UK lending

LONDON, Jan 18 (Reuters) - Britain's finance minister Jeremy Hunt will meet the bosses of top British banks next Tuesday to seek reassurance they can keep lending to the economy, four sources familiar with the matter said on Thursday.

Read more
18 Jan 2024 09:26

Sainsbury's to gradually withdraw from banking

LONDON, Jan 18 (Reuters) - British supermarket Sainsbury's said on Thursday it would wind down its banking business and instead offer financial products through third parties, as part of a strategy to focus on its core retail operations.

Read more
17 Jan 2024 18:39

Bank CEOs, huddled in private in Davos, worry about competition, economy - sources

DAVOS, Jan 17 (Reuters) - Bank CEOs meeting in private at the World Economic Forum on Wednesday aired concerns about the competitive risks from fintech firms and private lenders, and complained about onerous regulations, a source familiar with the matter said.

Read more
16 Jan 2024 12:51

Ex-Barclays duo agree Panmure and Liberum investment bank merger

Jan 16 (Reuters) - Former Barclays veterans Bob Diamond and Rich Ricci have agreed an all-share merger of Panmure Gordon and UK rival Liberum, the firms said on Tuesday, creating Britain's largest independent investment bank amid an extended dealmaking slump.

Read more
16 Jan 2024 09:14

LONDON BROKER RATINGS: UBS raises GSK and cuts AstraZeneca

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

Read more
16 Jan 2024 08:21

TOP NEWS: Panmure Gordon and Liberum merge to "reinvigorate" UK market

(Alliance News) - City brokers Panmure Gordon and Liberum on Tuesday said they have agreed an all-share merger that will create the "UK's largest independent investment bank" with over 250 quoted corporate clients.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.