Barclays filed a motion to throw out the New York attorney general's lawsuit that alleged the bank lied to clients over its high-speed trading venue.» Read More
NEW YORK, July 15- U.S. Yellen speaks before the Senate Banking Committee at 1000 EDT and again to the House Financial Services Committee on Wednesday as part of its semiannual monetary policy report.
*BoE says UK banks have "dreadful record" of mis-selling. LONDON, July 15- The Bank of England said on Tuesday that British banks had a "dreadful record" on mis-selling complex interest rate hedging products to small businesses and warned that it would keep a close eye on them.
*Gold licks wounds after biggest daily fall since December. TOKYO, July 15- Asian shares were firm on Tuesday after Citigroup's earnings and a fresh round of merger and acquisition activity in the U.S. healthcare industry lifted global share prices.
NEW YORK, July 14- Volume in Barclays PLC's private U.S. trading venue, also known as a "dark pool," fell by more than a third after New York's attorney general filed a lawsuit accusing the British bank of giving an unfair edge to high-speed traders, according to data released on Monday.
*AbbVie raises bid to 53.20/ share from 51.15. *Bid comprises 24.44 stg cash and 0.8960 new AbbVie shares. LONDON, July 14- London- listed drugmaker Shire Plc succumbed to an increased 31 billion pounds takeover offer from Abbvie Inc on Monday, signaling the conclusion to a long-running courtship largely motivated by tax.
*NY lawsuit alleges Barclays equities dark pool deceived some customers. *Barclays is conducting its own investigation into the allegations.
LONDON, July 13- The regulatory noose is tightening around dark pools, private share-trading venues that promise anonymity for specialist investors, offering a chance for rival exchanges in the United States and Europe to take back market share.
NEW YORK, July 11- Barclays Plc's planned sale of its index business could yield close to $1 billion for the British bank, more than double what had been expected, according to people familiar with the matter.
BEIJING, July 11- China and the United States have signed a preliminary agreement to cooperate on strategic petroleum reserves, China's National Energy Administration said, marking the first such effort between the world's top two oil consumers.
*BoE outlines two possible leverage ratio supplements. LONDON, July 11- The Bank of England proposed on Friday that Britain's biggest banks should set aside from 2019 more capital than planned under global rules being drawn up to prevent a repeat of the financial crisis.
*Central Bank outlines two possible leverage ratio supplements. LONDON, July 11- The Bank of England proposed on Friday that Britain's biggest banks should set aside from 2019 more capital than planned under global rules being drawn up to prevent a repeat of the financial crisis.
NEW YORK, July 11- General Electric Co's second-quarter earnings report next Friday comes soon after it prevailed in a two-month fight to acquire the power assets of France's Alstom.
Chinese authorities' use of targeted stimulus measures deepened risks in the housing market, according to Societe Generale.
LONDON, July 10- Two years ago Total's chief Christophe de Margerie launched a "high risk, high reward" oil exploration strategy, betting he could hit a bonanza, even though his rivals had failed to make big discoveries.
LONDON, July 10- A mountain of accumulating fines for banks that have broken the rules is making it harder for regulators to work out how much capital lenders need to hold to be safe, Bank of England Deputy Governor Andrew Bailey said on Thursday.
*Qatar sells about 5 pct of LSE, cutting stake by a third. LONDON, July 10- Qatar has sold a 5 percent stake in the London Stock Exchange for 260.1 million pounds, cutting its holding by a third and making a profit of around 20 percent, according to Reuters calculations.
TOKYO/ SYDNEY, July 10- The dollar traded around one-week lows against a basket of major currencies on Thursday, coming under pressure after minutes of the Federal Reserve's June meeting gave no clear indication about the timing of any interest rate rise.
The new index will be composed of companies with a female chief executive officer or women making up at least one-fourth of the board of directors, Barclays said on Wednesday in a statement. In connection with the launch, Barclays executives will ring the opening bell of the New York Stock Exchange on Thursday.
SYDNEY, July 10- The dollar started at one-week lows against a basket of major currencies on Thursday, coming under some pressure after minutes of the Federal Reserve's June meeting gave no clear indication on when interest rates will rise.
European stocks ended the day slightly higher, although Portuguese stocks fell sharply amid concerns over one of the country's biggest financial groups.