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Barclays PLC news

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BARC 156.00 +8.15 (5.51%)
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Barclays calls for clarity on fair value debt
This accounting method was particularly flattering for the big banks in the third quarter of this year, as the eurozone crisis shook confidence in the financial system.
Barclays to Sell Private Equity Unit to Management
Barclays Plc, Britain's second-largest lender by assets, agreed to sell Barclays Private Equity to its management team for an undisclosed amount.
Banks need to look past RoE on profitability
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.
UK big banks head list of High Court litigants
Lloyds Banking Group, Barclays, Royal Bank of Scotland and HSBC were involved in 43 per cent of all High Court cases involving FTSE 100-listed businesses over the past year, according to a study by Sweet & Maxwell, the legal information provider.
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 Interim CEO, Says Horta-Osorio Making Progress  Bloomberg
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 ...
BNP Paribas pays for eurozone exposure
BNP Paribas, the bank most exposed to eurozone sovereign debt, has sold off €11bn of Italian, Spanish and Irish government bonds and written down 60 per cent of the value of its Greek holdings, contributing to a 72 per cent fall in third-quarter ...
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.
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  Telegraph.co.uk
UPDATED: Thomas Cook agrees �200m loan deal with banks  Travel Weekly UK
North East Contact Centre stars named
On what turned out to be a successful night, Fusion Contact Centre Services and Barclays Bank were named as runners-up in the over 250 seats category.