British bank Barclays was hit with a combined $77 million in fines from British and U.S. regulators.» Read More
LONDON/ NEW YORK, Sept 23- British bank Barclays was hit with a combined $77 million in fines from British and U.S. regulators on Tuesday as the lender continues to be dogged by problems from its past.
LONDON, Sept 23- Recent stirrings of long-dormant financial market volatility have come in the nick of time for an industry that has been bleeding revenue and jobs for years, even though bankers doubt the secular downsizing of the trading world can be reversed.
NEW YORK, Sept 23- Companies in the S&P 500 spent $116.2 billion on stock buyback programs in the second quarter, according to S&P Dow Jones Indices, a rate representing fewer repurchases from the previous quarter, even as more companies reduced their share counts.
LONDON, Sept 23- British bank Barclays was fined 38 million pounds on Tuesday for exposing customers to unnecessary risks by failing to ensure client assets were properly safeguarded and adequate records kept.
LONDON— U.K. regulators fined Barclays Bank Plc, Britain's second-biggest bank, a record 37.7 million pounds for failing to properly protect client assets.
Britain's financial watchdog said it had fined Barclays $62 million for failing to ensure that customer money was properly safeguarded and adequate records kept.
LONDON, Sept 23- Britain's financial watchdog said on Tuesday it had fined Barclays 38 million pounds for failing to ensure that customer money was properly safeguarded and adequate records kept.
*Aussie slightly firmer as HSBC flash China PMI tops forecasts. LONDON, Sept 23- The euro pulled away from a 14- month trough against the dollar on Tuesday, getting some relief from a business survey showing Germany's economy probably expanded in the third quarter.
*Aussie slightly firmer as HSBC flash China PMI tops forecasts. SINGAPORE/ SYDNEY, Sept 23- The dollar hovered just below a four-year peak against a basket of major currencies on Tuesday as the euro steadied near a 14- month trough with sellers taking a bit of a breather.
The assets most likely to benefit from the U.S. dollar's march higher may not be stateside, with analysts looking to Europe and other regions.
Barclays' CEO told CNBC the bank has a strong defense to allegations it used its private trading system to benefit high-speed traders.
Antony Jenkins, Barclays CEO, the massive transformation of banking through technology.
Antony Jenkins, Barclays CEO, discusses the bank's Women in Leadership Index and says its focused business model and great leadership will help the bank be successful in the next few years.
Sept 22- FMSA Holdings Inc, owned by private equity firm American Securities LLC, said it expected its initial public offering to be priced at $21- $24 per share, raising up to $1.07 billion. American Securities, through its affiliate ASP FML Holdings LLC, is selling all the 44.5 million shares in the offering.
HOUSTON, Sept 22- The fast-changing nature of crude oil flows in the Americas means only one of three Citgo refineries in the United States will generate keen interest among buyers as Venezuela's cash-strapped state-run PDVSA looks to sell its U.S. unit, and it may fetch less money than hoped, experts say.
LONDON, Sept 22- Concern about a slowdown in China hammered stocks and commodities on Monday while signs of differences between major economic powers on the need to stimulate growth further clouded the outlook. The slide was carried over into Europe, where fears over Chinese demand hit miners' shares.
TOKYO, Sept 22- Asian shares skidded on Monday as investors awaited data this week that could provide more evidence of a slowdown in China, while the dollar gave back a little of its recent gains. Mitul Kotecha, head of FX strategy Asia-Pacific for Barclays in Singapore, said in a note to clients.
NEW YORK/ SAN FRANCISCO, Sept 19- Apple Inc's latest phone lured throngs of gadget lovers, entrepreneurs and early adopters to its stores in New York, San Francisco and other cities around the world in the latest sign of strong initial demand for the new, larger generation of iPhones.
Sept 19- Shares of database software maker Oracle Corp. fell 2 percent in premarket trading on Friday after the company posted disappointing quarterly earnings late Thursday and at the same time said Larry Ellison was stepping aside as chief executive.
*Sterling gains as Scotland voters decide to stay in UK. TOKYO, Sept 19- The British pound rose sharply after the Scottish independence vote indicated Scotland would remain in the United Kingdom, while Wall Street's overnight gains and Alibaba Group's red-hot initial public offering underpinned Asian shares.