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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: 213.95
Bid: 213.90
Ask: 214.00
Change: 0.70 (0.33%)
Spread: 0.10 (0.047%)
Open: 213.30
High: 215.15
Low: 212.60
Prev. Close: 213.25
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US urges appeals court to uphold Ghislaine Maxwell's sex trafficking conviction

Fri, 30th Jun 2023 16:10

NEW YORK, June 30 (Reuters) - The U.S. government has urged an appeals court to uphold Ghislaine Maxwell's conviction and 20-year prison sentence for helping the disgraced late financier Jeffrey Epstein sexually abuse teenage girls.

In a Thursday night filing with the 2nd U.S. Circuit Court of Appeals in Manhattan, federal prosecutors said none of Maxwell's legal arguments about the fairness of her trial undermined their case, or justified a dismissal or new trial.

"The government's evidence at trial established that over the course of a decade, Maxwell facilitated and participated in the sexual abuse of multiple young girls," prosecutors said.

Arthur Aidala, a lawyer for Maxwell, had no immediate comment.

Maxwell, 61, is behind bars in Tallahassee, Florida, after a Manhattan jury

convicted her

in December 2021 on five charges for recruiting and grooming four girls for Epstein to abuse between 1994 and 2004.

Her accusers have said she and Epstein at first made them feel welcome in their orbit, before Epstein began demanding sexualized massages. Hundreds of women have said he abused them.

In her appeal, Maxwell, daughter of late British media mogul Robert Maxwell, accused prosecutors of making her a scapegoat because Epstein was dead and "public outrage" demanded that someone else absorb the blame.

Prosecutors rejected her claims that they waited too long to bring charges, and that Epstein's 2007 non-prosecution agreement arising from alleged abuse at his Palm Beach, Florida mansion also immunized her.

They also said the trial judge had discretion to conclude that Maxwell's jury was fair and impartial, though one juror

failed to disclose

during pre-trial questioning that he had been sexually abused as a child.

"This case does not present the extraordinary circumstances that justify overturning a jury's verdict based on an error during voir dire," prosecutors said.

Epstein committed suicide at age 66 in August 2019 in a Manhattan jail cell, while awaiting trial for sex trafficking.

Others who were friendly with him have seen their reputations tarred or ruined, among them Britain's Prince Andrew and former JPMorgan Chase executive and Barclays chief executive Jes Staley.

JPMorgan and Deutsche Bank, which both had Epstein as a client, are paying a combined $365 million to Epstein's accusers over their work for him. The U.S. Virgin Islands, where Epstein had a home, is also suing JPMorgan.

Maxwell is eligible for release in July 2037, with credit for good behavior and the two years she spent in jail before being imprisoned. (Reporting by Jonathan Stempel and Jack Queen in New York; edting Robert Birsel and David Gregorio)

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14 Dec 2023 10:51

France's Credit Agricole to stop financing new fossil fuel projects

Vows to triple financing of renewable energy projects by 2030

*

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12 Dec 2023 09:10

UK lenders face smaller impact from Basel rules than rivals, BoE says

LONDON, Dec 12 (Reuters) - The Bank of England said on Tuesday that implementing the final leg of the global Basel bank rules will increase capital requirements at UK banks by 3%, far less than for their European Union and U.S. peers.

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12 Dec 2023 07:16

BoE says UK lenders to be hit less than EU, U.S. rivals by Basel capital rules

LONDON, Dec 12 (Reuters) - The Bank of England said on Tuesday that implementing the final leg of the global Basel bank rules will increase capital requirements at UK banks by 3%, less than for their European Union and U.S. peers.

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7 Dec 2023 16:55

Director dealings: Barclays chair invests, York Holdings settles LSEG call options

(Sharecast News) - Nigel Higgins, the group chairman of Barclays, was on the buying side of the ledger on Thursday.

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7 Dec 2023 15:35

IN BRIEF: Barclays Chair Nigel Higgins buys 200,000 shares

Barclays PLC - London-based consumer, business and investment bank - Chair Nigel Higgins buys 200,000 shares at GBP1.3867 each, worth GBP277,340, in London on Thursday.

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5 Dec 2023 15:26

London close: Stocks mixed as investors mull fresh data

(Sharecast News) - London's financial markets finished with a mixed performance on Tuesday as investors considered key economic data and developments from both sides of the Atlantic.

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5 Dec 2023 09:05

LONDON MARKET OPEN: FTSE 100 struggles after Moody's warning on China

(Alliance News) - London's FTSE 100 got off to a slow start on Tuesday, with miners falling amid fears for the Chinese economy, while Barclays shares fell after Bloomberg reported Qatar is trimming its stake in the lender.

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5 Dec 2023 08:01

Qatar almost halves stake in Barclays

(Sharecast News) - Banking giant Barclays was in the red early on Tuesday after its largest shareholder made moves to offload roughly £510.0m in shares.

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5 Dec 2023 07:48

LONDON BRIEFING: Ashtead in record half-year; tinyBuild cuts outlook

(Alliance News) - London's FTSE 100 is called to open lower on Tuesday, continuing a lacklustre start to the week, after tepid trade in New York overnight.

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30 Nov 2023 09:57

Lloyds to shut 45 branches

(Sharecast News) - Lloyds Banking Group is to shut another 45 branches, it was confirmed on Thursday, as lenders continue to downsize their estates.

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28 Nov 2023 15:40

Barclays axes 900 staff in "disgraceful" pre-Christmas move - UK union

(Alliance News) - Banking firm Barclays PLC is cutting 900 jobs in its UK business as it looks to slash costs in a "disgraceful" pre-Christmas move, trade union Unite has said.

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28 Nov 2023 15:30

London close: Stocks slip after mountain of broker notes

(Sharecast News) - London's stock markets finished in the red on Tuesday as investors deliberated over the latest shop price data, as well as a deluge of broker notes.

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28 Nov 2023 08:52

PRESS: Barclays eyes dropping quarter of investment bank clients - FT

(Alliance News) - Barclays PLC is exploring the possibility of dropping thousands of its investment bank clients - a quarter of its total - amid a strategic overhaul to bolster its bottom line and cut GBP1 billion of costs, the Financial Times reported on Tuesday.

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28 Nov 2023 07:56

Barclays considers dropping thousands of investment banking clients - report

(Sharecast News) - Barclays is reportedly exploring a plan to drop thousands of clients at its investment bank as part of a strategic overhaul that is meant to boost profits and cut £1bn of costs.

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