Jim Cramer sees money flowing in like crazy to the market on Monday, thanks to these two catalysts.» Read More
LONDON, Oct 4- Barclays announced a shake up at its investment banking business on Thursday aimed at streamlining the business and creating regional chiefs as it positions itself for a more challenging outlook for the industry.
Oct 04- Business Mortgage Finance 3 PLC. Business Mortgage Finance 5 PLC. *Moody's determines no negative rating impact on 2 CMBS transactions due to deed of undertaking.
*Barclays raises Sherwin Williams Co price target to $171 from $135;. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
Oct 04- Barclays Bank PLC, Thistle Investment Limited& GEMINI plc.
*Liberbank sells 5 pct stake in Enagas for 182 mln euros. MADRID, Oct 4- Spanish lender Liberbank sold a 5 percent stake in gas distributor Enagas on Thursday, raising 182 million euros to reduce the amount of money it will need from a European bailout fund for the country's banks.
*Morgan Stanley in commodities talks with Qatar for a year. DUBAI/ LONDON, Oct 4- Morgan Stanley's talks with Qatar's sovereign wealth fund over the sale of its commodities business have run into difficulty, and the deal may need to be reworked if it is to go ahead, banking sources said.
LONDON, Oct 4- Norddeutsche Landesbank, one of Germany's largest wholesale banks, is poised to issue a 144 a covered bond, the first US dollar offering of its kind since 2006.. German banks have been absent from the 144 a space since November 2006, when Essen Hypo sold a USD1.25bn long five-year that matured in January 2012.
*Moody's updates on Themeleion III Mortgage Finance Plc following Interest Rate Swap Counterparty downgrade.
HONG KONG, Oct 4- Asian credit spreads continued to grind tighter on the back of strong technicals despite investors turning slightly more cautious ahead of central bank meetings in Europe and Japan.
*Jittery investors await U.S. job data, watch Europe. *Social unrest in Iran, Turkey- Syria clashes in focus. SINGAPORE, Oct 4- Brent futures edged up towards $109 per barrel on Thursday as a steep drop in the previous session brought in bargain hunters, while investors awaited further cues from a European Central Bank policy meeting and critical U.S. jobs data.
MADRID, Oct 4- Share trading in Spanish gas distributor Enagas was suspended on Thursday after Liberbank said on Wednesday it would sell a 5 percent stake in the company, the stock market regulator said. According to traders the placement in Enagas shares would be made at around 15.3 euros a share versus Wednesday's closing price of 16.015 euros.
ABU DHABI, Oct 4- National Bank of Fujairah. will replace British lender Barclays PLC on the United Arab Emirates' interbank rate setting panel, the banking regulator said on Thursday.
Oct 4- Akzo Nobel NV:. *Barclays cuts Akzo Nobel NV price target to 47.70 euros from 49.10 euros; rating equal weight. Reuters Station users, click. 1580.
Oct 4- TransDigm Group Inc:. *Barclays raises TransDigm Group Inc price target to $160 from $150;. Reuters Station users, click. 1568.
DETROIT, Oct 4- Tesla Motors Inc Chief Executive Elon Musk dismissed fears the electric carmaker was in financial trouble and said it was making an advance payment on the federal loan used to make its Model S sedan.
LONDON, Oct 4- Russia's largest bank Sberbank. Barclays is coordinating Sberbank's three-year loan, which is the largest such deal in the central and eastern European pipeline, the bankers added. Bank of Tokyo-Mitsubishi UFJ, Barclays, Citi, HSBC, ING, JP Morgan, WestLB, Goldman Sachs, Bank of America Merrill Lynch and SMBC participated in the 2011 deal.
Barclays announced a shake up at its investment banking business aimed at streamlining the business in the face of a more challenging outlook for the industry. Wells Fargo's international group named Christopher Lewis as executive vice-president and head of global trade services.
LONDON, Oct 4- The failure of one Britain's big banks would still wreak market havoc and leave taxpayers on the hook as more needs to be done to curb their complexity and risks, the country's top banking supervisor said on Thursday.
*Barclays cuts Hewlett Packard target price to $16 from $21. Reuters Station users, click. 1568 For a summary of rating and price target changes on Canadian companies:. Reuters Station users, click. 4899 ().
*Barclays investment bank boss Ricci unveils management shake-up- memo. LONDON, Oct 4- Barclays announced a shake up at its investment bank on Thursday as the group tries to cut costs in a tough market and reduce risks to its reputation following the Libor scandal.