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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: 213.10
Bid: 213.45
Ask: 213.55
Change: -4.10 (-1.89%)
Spread: 0.10 (0.047%)
Open: 217.55
High: 218.25
Low: 212.15
Prev. Close: 217.20
BARC Live PriceLast checked at -

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TIMELINE-RBS set to pay heavy fines over Libor rigging

Fri, 11th Jan 2013 12:47

Jan 11 (Reuters) - Royal Bank of Scotland is set topay large fines for its role in rigging the Libor interest rate.Here is a look at RBS's troubles since 2007: April 3, 2007 - RBS leads a consortium along with Fortis andSpain's Santander to buy Dutch bank ABN AMRO. InOctober, the consortium wins a bidding war against Barclays for ABN AMRO with a 70-billion-euro offer, making itthe biggest banking takeover in history. The takeover comes justbefore markets slump as the subprime credit crisis takes hold. April 2008 - RBS announces a record 12-billion-pound rightsissue to cover a potential 5.9-billion-pound writedown on thevalue of its toxic assets. October/November 2008 - Britain is forced to pump 20 billionpounds into the lender to shore up its capital position. StephenHester is named to replace Fred Goodwin as CEO. The governmentincreases its stake to 58 percent after injecting a further 15billion pounds into the lender and to 70 percent in January2009. February 2009 - RBS reports a loss of 24.1 billion poundsfor 2008, the biggest in British corporate history. November 2009 - Britain announces it will inject another 25billion pounds to prop up both RBS and Lloyds, taking thetaxpayers' stake in RBS to over 80 percent. December 2010 - Goodwin and other RBS executives during thefinancial crisis escape punishment by the Financial ServicesAuthority despite what the regulator describes as a "series ofbad decisions" in 2007 and 2008. December 2011 - The FSA publishes its report, begun in 2009, into RBS's near failure. The report blames RBS's "poormanagement decisions" and flaws within the FSA itself. It alsorecommends tougher rules to ensure that in future bankingexecutives can face "personal consequences" if a bank fails. August 2012 - A joint New York-Connecticut investigation ofLibor sends subpoenas to Royal Bank of Scotland, and severalother banks. The subpoenas seek communication between executivesrelated to possible collusion that may have played a role inalleged manipulation of the Libor rate. September 2012 - RBS increases its target for job cuts atits investment banking business to 3,800 by the end of 2013.Hester has already axed 34,000 jobs since arriving at RBS. January 2013 - RBS prepares to slash bonuses and mayconsider sacking executives over the bank's role in fixing theLibor rate.
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13 May 2024 10:51

Barclays promotes Chiapparoli EMEA co-head for industrials, names new Italy CEO

MILAN, May 13 (Reuters) - British bank Barclays on Monday said it had appointed Enrico Chiapparoli as co-head of industrials for Europe, Middle East and Africa (EMEA), leaving his post as Italy chief executive to Paolo De Luca.

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10 May 2024 11:17

JPMorgan still positive on UK banks despite potential rate cuts

(Sharecast News) - JPMorgan has said that dovish comments from the Bank of England this week don't alter its constructive view on UK banking stocks, even if interest rates do fall more sharply than markets are currently pricing in.

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9 May 2024 12:08

Barclays AGM disrupted by activists protesting over Gaza

LONDON, May 9 (Reuters) - Barclays' annual shareholder meeting was disrupted by activists protesting against its alleged indirect links to violence in Gaza, with the bank's chair telling security staff to eject them from the event in Glasgow on Thursday.

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9 May 2024 09:53

LONDON BROKER RATINGS: NatWest target raised, other lenders backed

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

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8 May 2024 16:45

UK watchdog considers redress scheme after motor finance probe

LONDON, May 8 (Reuters) - Britain's financial watchdog said on Wednesday it was considering a formal redress scheme to compensate thousands of consumers that were potentially overcharged for motor finance.

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7 May 2024 07:00

Race for Europe's first 'real-time' stock trade tape heats up

LONDON, May 7 (Reuters) - Banks and asset managers are vying with Europe’s exchanges to develop technology that can deepen the pool of investors in the continent’s capital markets and better compete with Wall Street.

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4 May 2024 08:37

Norway wealth fund to back Barclays CEO, chair at AGM

OSLO, May 4 (Reuters) - Norway's $1.6 trillion sovereign wealth fund, one of the world's largest investors, supports the reappointment of Barclays CEO C.S. Venkatakrishnan and Chair Nigel Higgins to the British bank's board, the fund manager said on Saturday.

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3 May 2024 17:04

Ex-Odey portfolio manager Hanbury warns investors are 'buying blind'

LONDON, May 3 (Reuters) - Former Odey Asset Management (OAM) portfolio manager James Hanbury has said in a letter to investors that passive and systematic trading strategies have grown so much that those trading on company fundamentals might be hurt.

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2 May 2024 13:48

UK shareholder meetings calendar - next 7 days

Friday 3 May 
Ashoka India Equity Investment Trust PLCGM re share issue
HSBC Holdings PLCAGM
Intercontinental Hotels Group PLCAGM
Mondi PLCAGM
More Acquisitions PLCAGM
Monday 6 May 
no events scheduled 
Tuesday 7 May 
Caledonia Mining Corp PLCAGM
CPPGroup PLCAGM
Just Group PLCAGM
Macfarlane Group PLC AGM
Plus500 LtdAGM
Supernova Digital Assets PLCAGM
Wednesday 8 May 
Airea PLCAGM
Antofagasta PLCAGM
Aston Martin Lagonda Global Holdings PLCAGM
Deltex Medical Group PLCAGM
Direct Line Insurance Group PLCAGM
Fidelity European Trust PLCAGM
Haleon PLCAGM
Jardine Matheson PLCAGM
JZ Capital Partners LtdEGM re investing in a secondary fund
Oscillate PLCAGM
Pershing Square Holdings LtdAGM
Rentokil Initial PLCAGM
WPP PLCAGM
Thursday 9 May 
Ascential PLCAGM
BAE Systems PLCAGM
Balfour Beatty PLCAGM
Barclays PLCAGM
CAB Payments Holdings PLCAGM
Catenai PLCGM re convertible loan note
Clarkson PLCAGM
FBD Holdings PLCAGM
Genel Energy plcAGM
Gym Group PLCAGM
Harbour Energy PLCAGM
Hiscox LtdAGM
IMI PLCAGM
Inchcape PLCAGM
Indivior PLCAGM
John Wood Group PLCAGM
Jupiter Fund Management PLCAGM
Logistics Development Group PLCAGM
Man Group PLCAGM
Morgan Advanced Materials PLCAGM
OSB Group PLCAGM
Public Policy Holding Co IncAGM
Rathbones Group PLCAGM
RM PLCAGM
Spire Healthcare Group PLCAGM
Synthomer PLCAGM
Uniphar PLCAGM
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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1 May 2024 14:50

Barclays to cut jobs in investment banking - reports

(Sharecast News) - Barclays has reportedly kicked off a fresh round of redundancies, cutting "a few hundred roles" at its investment bank as it looks to tackle underperformers and reinvest in new talent.

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30 Apr 2024 20:30

GM in talks with Barclays to replace Goldman Sachs in credit card partnership -source

NEW YORK April 29 (Reuters) -

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29 Apr 2024 10:02

LONDON BROKER RATINGS: Deutsche Bank likes Frasers; Barclays cuts JD

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

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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.

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26 Apr 2024 16:19

European bank stocks at highest since 2015 after earnings boost

STOXX Europe 600 banks index highest since Oct. 2015

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26 Apr 2024 09:45

NatWest profit falls less than feared ahead of state escape

First-quarter profit down 27% in competitive market

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