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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: 217.55
Bid: 217.40
Ask: 217.45
Change: 0.80 (0.37%)
Spread: 0.05 (0.023%)
Open: 215.35
High: 217.65
Low: 213.60
Prev. Close: 216.75
BARC Live PriceLast checked at -

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Wednesday newspaper round-up: Vince Cable, Citigroup, UK banks

Wed, 22nd Dec 2010 06:02

Vince Cable was stripped of key roles on the media and telecoms tonight after he told undercover reporters he had "declared war on Rupert Murdoch" and planned to block his efforts to take full control of BSkyB. Dr Cable survived as Business Secretary on the insistence of Nick Clegg. But in a humiliating rebuff he was told that he could play no further part in the decision over News Corporation's proposed takeover of BSkyB, writes the Times. Citigroup has warned of a fresh wave of bank failures and sovereign defaults in Europe unless EU leaders come up with a credible response to the crisis. Prof Willem Buiter, the bank's chief economist, said the eurozone was paralysed by a "game of chicken" between the European Central Bank and EMU governments, the Telegraph reports.Britain's five big banks are considering making a lending pledge to support businesses as part of a new pact with the Government. The commitment, which would include Barclays, Santander and HSBC, would be a first for banks that did not receive any direct government bailout money in setting public lending targets to help the economy. Royal Bank of Scotland and Lloyds Banking Group, which together received £66 billion from the Government during the financial crisis, have been signed up to lending targets for the past two years, according to the Times.Deutsche Bank, the German financial giant, agreed to pay fines totalling $554m in order to avoid prosecution in the US over tax shelter advice it gave to wealthy investors. The payment is the latest in the US authorities' investigation into tax-shelter products, originally designed by the accounting firm KPMG, which were sold to wealthy Americans around the beginning of the last decade, the Independent reports.House prices will dip by only 2% next year, propped up by a shortage of new properties coming up for sale, according to a new report from the Royal Institution of Chartered Surveyors. It said that prices, which are expected to end the year broadly unchanged from January, would edge lower at the beginning of next year as consumer confidence slides and public spending cuts begin in earnest, the Times reports.The European Union has given the go-ahead for the bail-out of three of Ireland's troubled lenders, paving for the way for the full recapitalisation of the country's indebted finance sector. Anglo Irish Bank, Allied Irish Banks and Irish Nationwide Building Society (INBS) will each receive several billion euros in new funding and two of them will be put into run-off as part of an agreement with EU regulators, says the Telegraph.
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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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20 Dec 2023 09:25

LONDON BROKER RATINGS: UBS cuts DS Smith; Kepler likes Genus

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

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20 Dec 2023 08:48

LONDON MARKET OPEN: Stocks feeling festive on UK, US rate cut hopes

(Alliance News) - Stock in London enjoyed a broad-based rally at Wednesday's open, as a surprise UK inflation print boosted risk sentiment, with investors pinning their hopes on UK and US interest rate cuts next year.

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19 Dec 2023 16:06

UK banks face 'step change' rule to reimburse defrauded customers

LONDON, Dec 19 (Reuters) - Britain's banks and other payment firms must reimburse defrauded customers to a maximum of 415,000 pounds ($529,000) from October next year to help combat scams, the Payment Systems Regulator (PSR) said on Tuesday.

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19 Dec 2023 15:11

UK banks face 'step change' rule to reimburse defrauded customers

LONDON, Dec 19 (Reuters) - Britain's banks must reimburse defrauded customers to a maximum of 415,000 pounds ($529,000) from October next year to help combat scams, the Payment Systems Regulator (PSR) said on Tuesday.

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15 Dec 2023 18:12

Britain's Metro Bank decides not to sell mortgage book

LONDON, Dec 15 (Reuters) - Britain's Metro Bank said on Friday it had abandoned its planned sale of a 3 billion pound ($3.8 billion) mortgage portfolio, citing market conditions.

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14 Dec 2023 12:00

Fnality completes 'world's first' blockchain payments at Bank of England

LONDON, Dec 14 (Reuters) - Fnality, a blockchain-based wholesale payments firm, said on Thursday that shareholders Lloyds Banking Group, Santander and UBS had completed the "world's first" live transactions that digitally represent funds held at a central bank.

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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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