Barclays was hit by a $108.5 million fine on Thursday as it allegedly worked with super-rich clients in a way that could have facilitated financial crime.» Read More
*Barclays cuts Fiat SpA to underweight from equal weight; price. target to 3.90 euros from 4.50 euros. Reuters Station users, click. 1580.
"It's pretty clear to us that the market is now open to buying these kinds of bank names," said Paul Spivack, managing director and head of Morgan Stanley's debt syndicate for the Americas. Morgan Stanley led the BBVA deal along with Bank of America Merrill Lynch.
By Christopher Langner and Neha D'Silva. Oct 5- A sudden rebound in risk appetite caught Asia's debt capital markets bankers by surprise last week, but the renewed confidence quickly triggered predictions of tighter pricing and heavy dealflow.
Financial Times Headlines JOHNSON SLAMS GOVERNMENT OVER AIRPORTS- MORGAN STANLEY CHIEF WARNS ON WALL ST PAY- GOOGLE EBOOK WIN LITTLE THREAT TO AMAZON- RUSSIA MOOTS ARCTIC OIL LICENCES FOR WEST- BAE TIE-UP BAD FOR UK, WARNS DARLING- BARCLAYS ALTERS INVESTMENT BANKING SHAPE- REDROW'S CHAIRMAN RAISES BID FOR GROUP- ECB KEEPS INTEREST RATES UNCHANGED- FACEBOOK EXPANDS TO 1 BLN USERS- Overview JOHNSON SLAMS GOVERNMENT OVER AIRPORTS.
The company appointed Anne Donahue to New York market leader for the private client reserve of US Bank. The bank also appointed Lynn Maaske as vice president and wealth management adviser for the private client reserve in St. Paul. The firm added Al Weaver and John Worcester to its advisor force in Massachusetts.
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.
*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.
LONDON, Oct 4- Britain's FTSE 100 share index stalled near the top of its recent range on Thursday, supported by prospects of global central bank stimulus but struggling to break fresh ground ahead of a potentially gloomy earnings season.
By Olivia Oran Oct 4- Shares of Berry Plastics Group Inc. Berry Plastics sold 29.4 million shares Wednesday night, raising $470.4 million. Berry Plastics, backed by private equity firm Apollo Global Management, is one of a handful of companies Apollo has been trying to take public this year.
LONDON, Oct 4- Barclays announced a shake up at its investment banking business on Thursday aimed at streamlining the business in the face of a more challenging outlook for the industry.
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.