GO
Loading...

Barclays PLC

More

  • Barclays Shareholders Take Up 19% of Open Offer Friday, 18 Jul 2008 | 3:08 AM ET
    Barclays.jpg

    Barclays' shareholders took up just 19 percent of new shares in the British bank's recently announced fundraising, meaning the bulk of the money will be provided by mostly new "anchor" investors led by Qatar.

  • Dow Almost In Bear Market Friday, 27 Jun 2008 | 6:01 PM ET
    graphic_word_ofthe_street.jpg

    Better keep your wits about you, it looks like we’re entering bear territory. What's the "Word on the Street?"

  • Barclays Raises $8.9 Billion for Capital Boost Wednesday, 25 Jun 2008 | 1:24 PM ET
    Barclays.jpg

    British bank Barclays raised $8.9 billion from investors including Qatar and Japan's Sumitomo Mitsui and aims to use half the cash to rebuild capital and half to pursue growth.

  • Inflation: Firms Passing On Higher Costs Wednesday, 25 Jun 2008 | 9:51 AM ET

    AmEx just out with comments, saying "We have seen credit indicators deteriorate beyond our expectations" and it was "too early to assess the impact of deteriorating credit indicators." Down about 1 percent.

  • Japan's SMFG May Take 4% Barclays Stake Tuesday, 24 Jun 2008 | 1:57 PM ET
    A woman leaves a branch of Barclays Bank in central London, Monday, April 23, 2007. ABN Amro NV and Barclays PLC announced Monday they have agreed to merge, in the largest cross-border combination in European banking history. (AP Photo/Sang Tan)

    Japan's Sumitomo Mitsui Financial Group could take a stake of up to 4% in British bank Barclays, two senior banking sources said on Monday.

  • Sumitomo Mitsui May Invest $926 Million in Barclays Thursday, 19 Jun 2008 | 8:30 PM ET
    A woman leaves a branch of Barclays Bank in central London, Monday, April 23, 2007. ABN Amro NV and Barclays PLC announced Monday they have agreed to merge, in the largest cross-border combination in European banking history. (AP Photo/Sang Tan)

    Japan's Sumitomo Mitsui Financial Group may invest about $926 million in British bank Barclays, people familiar with the matter said on Friday, as subprime-hit Western lenders increasingly turn to Asia for funding.

  • 30-Year Mortgage Rates Near Nine-Month High Thursday, 19 Jun 2008 | 12:00 PM ET
    home_sales6.jpg

    U.S. 30-year mortgage rates continued their ascent this week, reaching their highest level since September 2007, according to a survey released on Thursday by home funding company Freddie Mac.

  • Bear Stearns Managers Indicted Over Funds' Collapse Thursday, 19 Jun 2008 | 11:44 AM ET

    Two former Bear Stearns managers have surrendered to face criminal charges linked to the collapse of a hedge fund that bet heavily into subprime mortgages before the market collapsed, federal authorities said.

  • Lehman CEO Fuld Faces Growing Pressure to Sell Wednesday, 18 Jun 2008 | 7:37 AM ET
    lehman_brothers_HQ2.jpg

    As discontent grows inside Lehman Brothers over the firm's financial problems, pressure is building on Chief Executive Officer Richard Fuld to sell the securities firm to a bigger player, CNBC has learned.

  • Pops & Drops: Hess, Verizon... Monday, 16 Jun 2008 | 6:26 PM ET

    Following are the day’s biggest winners and losers. Find out why shares of Hess and GameStop popped while Verizon and Coca-Cola dropped.

  • Barclays Shares Rally on Stake Sale Plans Monday, 16 Jun 2008 | 12:02 PM ET
    Barclays.jpg

    Barclays plans to raise billions of pounds by selling stakes to outside investors and offering shares to existing shareholders to boost its balance sheet, sending its shares soaring on Monday.

  • Market Issues For Week: Oil, Earnings, Financials Monday, 16 Jun 2008 | 9:22 AM ET

    S&P futures dropped about 5 points as the New York Empire State Index was notably weaker than expected and has been down 4 of the last 5 months, then dropped again on oil. The most important issues this week:

  • Europe Preview: Will RBS's Grand Project Pay Off? Friday, 6 Jun 2008 | 5:20 PM ET
    A Royal Bank of Scotland logo is seen outside the company's offices in central London, Tuesday May 29, 2007. A consortium led by Royal Bank of Scotland PLC said Tuesday it will launch a hostile bid of euro71.1 billion (US$95.5 billion) for ABN Amro, topping a friendly offer from Barclays PLC and pressing Bank of America Corp. for control of the Dutch bank's U.S. arm. (AP Photo/Matt Dunham)

    Some may point to how RBS has stronger risk management than rivals, but the problem for many shareholders is the lack of oversight over CEO Fred Goodwin.

  • Home Depot's Bottom Line: Weaker Sales Tuesday, 20 May 2008 | 9:37 AM ET

    Futures dropped a bit as core PPI for April was a stronger than expected. Elsewhere: 1) Home Depot beat estimates, reporting earnings of $0.41 (14 percent below last year's $0.48), vs. consensus estimates of $0.37. Despite the apparent beat, the stock is down 3 percent:

  • Barclays Profit Drops After $1.95 Billion Writedown Thursday, 15 May 2008 | 11:33 AM ET
    Barclays.jpg

    British bank Barclays said profits fell by an undisclosed amount in the first quarter and refused to rule out a rights issue after a 1 billion pound ($1.95 billion) writedown on assets tarnished by the credit crunch.

  • Barclays Profit Sinks on Tough Market Conditions Thursday, 24 Apr 2008 | 4:35 AM ET

    Profits at Barclays, Britain's third biggest bank, were well below those of a year earlier in the first quarter after its investment bank and fund management arms were hit by tough financial market conditions.

  • Europe Preview: UBS, RBS on the Hotseat Tuesday, 22 Apr 2008 | 5:36 PM ET

    Europe's two biggest casualties from the subprime crisis tomorrow face shareholders who will want answers on how, between them, the two banking giants lost well over $50 billion.

  • European Shares End Lower, Banks Drag Tuesday, 8 Apr 2008 | 1:07 PM ET

    European shares snapped a two-day winning streak to end Tuesday 1 percent lower, led down by banks on persistent worries of more losses from a global credit crisis, and by weakness in technology shares.

  • Ambac to Raise $1.5 Billion To Keep Triple A Rating Wednesday, 5 Mar 2008 | 1:49 PM ET
    ambac_logo.jpg

    Ambac's plan to raise up to $1.5 billion in capital is nearly complete, bankers say, which should help the troubled bond insurer keep its crucial triple A debt rating.

  • Ambac Announces Plans To Raise Up to $1.5 Billion Wednesday, 5 Mar 2008 | 12:42 PM ET
    Ambac

    Ambac Financial Group announced plans to raise up to $1.5 billion in capital in an attempt to keep its crucial triple A debt rating.