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Barclays PLC news

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Roberts seen as a credible successor
The former head of retail and commercial banking at Barclays and a non-executive director of Lloyds was on Monday named the second interim chief executive at the state-backed bank as it scrambles to ease investor concerns about a potential void at the ...
Lloyds Names Roberts Interim Chief; RSA's Culmer to Be CFO  Bloomberg
Inside Business
Banks and regulators love to shout about how much they have learnt from the financial crisis. Even Bob Diamond, the normally pugnacious chief executive of Barclays Bank, last week admitted he and his rivals needed to do more to change their ways.
Getco acquires BofA market-making slots
The Chicago-based trading group will become the second largest market maker on the NYSE's hybrid market, having already acquired a piece of Barclays Capital's DMM business last year. Barclays still has the largest presence, having acquired LaBranche's ...
Getco Takes Floor Against the Tide  Wall Street Journal
Is Jisa the best home for your money?
Barclays says it will not be launching a Jisa at this stage. By contrast, Bank of Cyprus UK has launched a cash Jisa that gives parents a choice of interest rates: a variable interest rate of 2.75 per cent, or a 12-month fixed rate of 2.9 per cent, or ...
Thomas Cook secures new loan deal
Banks in the syndicate, led by Barclays, HSBC, Royal Bank of Scotland and UniCredit, get the right to take a 4.9 per cent stake in the tour operator at any time over the next three-and-a-half years.
Thomas Cook pays high price for �100m lifeline deal
Barclays to Sell Private-Equity Unit Equistone to Management
Barclays said last month it would sell its consumer unit in Russia to a group of investors for an undisclosed sum. The bank remains an investor in the funds managed by Equistone, it said. French insurer Axa SA said in September it is considering bids ...
The rich: Exactly what does the terminology mean?
"In a society like ours, which is still class-ridden, there's an amazing acceptance of extremely wealthy people who have inherited the wealth.
Capita falls after missing out on Friends Life deal
Banks and insurers led the wider market lower as a surge in Italian bond yields undermined confidence. The FTSE 100 ended lower by 106.96 points, or 1.9 per cent, to 5,460.38.
UK domestic banks offer good reasons for cheer
Barclays' fortunes remain tied to moribund capital markets, while the ghosts of HSBC's disastrous foray into US subprime lending continue to haunt the bank. Only Standard Chartered stands out in the gloom because of its emerging markets focus. But even ...
Swiss banks turn focus to wealth management
The two are particularly well placed compared with international rivals, such as JPMorgan Chase, Deutsche Bank or Barclays, which are also facing challenges with their business models. Switzerland's famed bank secrecy is eroding, but the country ...