GO
Loading...

Barclays PLC

More

  • Europe firms may draw fire by joining buyback boom Thursday, 5 Mar 2015 | 11:56 AM ET

    *Europe unlikely to match huge U.S. buyback levels. In the United States, years of Federal Reserve stimulus aimed at reviving the real economy led to the wave of share buybacks while firms neglected capital expenditure. Few people expect European firms to match the staggering sums in the United States, where over $2 trillion of stock was bought back between 2009...

  • Volatility draws billions into oil funds Thursday, 5 Mar 2015 | 7:34 AM ET
    A worker at Endeavor Energy Resources LP's Big Dog Drilling Rig 22 in the Permian Basin outside Midland, Texas, on Dec. 12, 2014.

    Billions of dollars are pouring into oil exchange-traded funds, as investors risk big losses and focus on the chance of huge rewards.

  • UPDATE 1-Volatility draws billions into oil funds Thursday, 5 Mar 2015 | 7:22 AM ET

    *USO says 80-90 pct of shares held by ETF hedge funds. LONDON/ NEW YORK, March 5- Billions of dollars are pouring into oil exchange-traded funds as investors, many of them small savers more familiar with stocks than commodities, risk big losses and focus on the chance of huge rewards. "They can be quite dodgy," said a British woman who buys and sells oil derivatives from a...

  • Volatility draws billions into oil funds Thursday, 5 Mar 2015 | 5:17 AM ET

    LONDON/ NEW YORK, March 5- Billions of dollars are pouring into oil exchange-traded funds as investors, many of them small savers more familiar with stocks than commodities, risk big losses and focus on the chance of huge rewards. Five of the biggest oil ETFs have seen their assets more than quadruple since July to $5.4 billion as the oil market has had a...

  • TOKYO/ SYDNEY, March 5- The euro slid to its weakest level in more than 11 years against the dollar on Thursday, as investors waited for the European Central Bank to announce more details of its massive bond-buying program. The common currency fell to as low as $1.1026 as of 0653 GMT, its lowest level since September 2003. It last traded at $1.1039, down 0.4 percent on...

  • TOKYO/ SYDNEY, March 5- The euro wallowed near its weakest level in over 11 years against the dollar on Thursday, as investors waited for the European Central Bank to announce more details of its massive bond-buying programme. The common currency eased 0.1 percent to $1.1065, holding just above Wednesday's low near $1.1061, which was its lowest level since...

  • Over the past week alone, both Barclays and Goldman Sachs revisited the aging story and both agree the 30- year expansion of workers in the peak savings years just before retirement was chiefly responsible for a glut of savings that has driven bond yields inexorably downwards since the late 1980 s. Morgan Stanley came to similar conclusion last October.

  • SINGAPORE, March 4- Gold took a breather on Wednesday after a two-day losing streak but was hovering near its lowest in a week as the dollar held close to 11- year highs, with investors awaiting U.S. economic data and a European Central Bank meeting. *Spot gold was little changed at $1,204.55 an ounce by 0035 GMT. In the previous session, the metal fell to a one-week low...

  • *Sale a major step in Citi's plan to sell unwanted assets. Springleaf shares touch record high, Citi marginally higher. March 3- Springleaf Holdings Inc said it would buy Citigroup Inc's OneMain Financial Holdings Inc for $4.25 billion in cash, creating the largest subprime lender in the United States.

  • *Veolia falls after Groupama sells stake. LONDON, March 3- European stock markets slipped from multi-year highs on Tuesday, pegged back by falls in French environment company Veolia and British bank Barclays. Veolia fell 3 percent after insurer Groupama sold a 5.1 percent stake in the company.

  • Treasuries fell to its lowest since January this week on easing fears about the global economy and Greece leaving the euro zone, according to a J.P. Morgan Securities survey released on Tuesday. In February, encouraging data on the domestic economy and a deal that granted Greece a four-month extension on its international bailout caused some investors to...

  • Europe closes lower; Barclays down 3% Tuesday, 3 Mar 2015 | 11:42 AM ET

    European equities closed lower on Tuesday as investors reacted to a slew of earnings news and economic data.

  • LONDON, March 3- Barclays Plc chief Antony Jenkins has threatened more cuts to its underperforming investment bank after a 750 million pounds charge by the British bank provided fresh evidence of the costs of past misdemeanors by its traders. Barclays last year cut costs, improved its capital strength and shed unwanted assets, which Jenkins said justified his...

  • *Veolia falls after Groupama sells stake. LONDON, March 3- European stock markets slipped off multi-year highs on Tuesday, pegged back by falls in the shares of French environment company Veolia and British bank Barclays. Both Veolia and Barclays were among the worst-performers on the pan-European FTSEurofirst 300 index.

  • Early movers: BBY, AZO, LL, C, BBRY & more Tuesday, 3 Mar 2015 | 7:55 AM ET
    A trader works on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • March 3- Citigroup Inc said it has agreed to sell its consumer finance unit OneMain Financial Holdings Inc to subprime lender Springleaf Holdings Inc for $4.25 billion in cash. The consumer finance company is part of Citi Holdings, which Citigroup created during the financial crisis to park assets that it wanted to eventually divest or wind down.

  • *Bid speculation also boosts Vallourec. Bid rumours also drove up the shares of French steel pipe maker Vallourec, which rose 7 percent after investment bank Macquarie said Vallourec could be a bid target. Vallourec declined to comment on the speculation.

  • *Barclays aiming for FX deal with as many agencies as possible. LONDON, March 3- Barclays took a 750 million pound charge in the fourth quarter as it prepares to settle allegations its traders manipulated foreign exchange markets, overshadowing the bank's efforts to slash costs and boost profits. Past conduct problems continue to dog Barclays Chief Executive...

  • LONDON— Barclays' fourth-quarter loss widened as the costs of correcting past problems overshadowed progress in streamlining the bank's business after the global financial crisis. The figures demonstrate the underlying performance of Barclays and show that the bank is stronger than at any time since the financial crisis, Jenkins said in a statement.

  • Barclays posts 'messy' full-year loss as shares fall Tuesday, 3 Mar 2015 | 4:05 AM ET

    U.K bank Barclays posted a loss in its full-year earnings on Tuesday as it set aside more money for potential fines.