Barclays Stories
Barclays drags banks, FTSE lower; US earnings eyed
A sale of Barclays shares by the Qatari Investment Authority (QIA) dented banking stocks, pulling Britain's FTSE 100 index slightly lower by midday on Tuesday, but the move lifted Sainsbury shares by reviving bid talk.
Qatar sells $2 billion Barclays stake, shares fall
Qatar is selling 379.2 million shares in British bank Barclays , worth over 1.3 billion pounds ($2.1 billion), the second major Middle East investor set to make a big profit by selling down its stake this year.
Qatar's Barclays stake sale stokes Sainsbury talk
Qatar is selling a 1.3 billion pound ($2.1 billion) stake in British bank Barclays , stoking talk it will use a big profit to make a move on UK food retailer J. Sainsbury .
C.Suisse, M.Stanley set tone as wealth management revives
Expected strong quarterly earnings at Credit Suisse and a return to profit at Morgan Stanley will set the pace for the global wealth management sector as consolidation among private banks heats up.
EURO BONDS-SBABM Barclays, Kommunalbanken, Eurohypo
News, details on bond issues in the European markets on Monday:
EURO BONDS-Barclays, Kommunalbanken, Eurohypo, Yorkshire
News, details on bond issues in the European markets on Monday:
Lloyds lines up banks for rights issue - sources
British bank Lloyds (LLOY.L) has lined up six investment banks to run a rights issue expected to be worth over 10 billion pounds ($15.9 billion) as the lender seeks to cut its reliance on the government, people familiar with the matter said on Monday.
Trustee-Lehman's Barclays probe should be unsealed
The U.S. Trustee, which oversees bankruptcy cases in New York, said on Friday it believes documents related to Lehman Brothers Holdings Inc's probe of its asset sale to a Barclays Plc unit should be made public, according to court documents.
Boomers seen driving $10 trillion wealth management shift
U.S. financial advisors are due for upheaval as baby boomers, controlling $10 trillion in assets, reach retirement age and shift their investment priorities, said a senior executive at asset manager BlackRock Inc.
Barclays mulls major wealth management deal
British bank Barclays could acquire a wealth management business at least the size of Julius Baer to meet its target of ranking in the top five private banks globally, Barclays Wealth's vice chairman said on Wednesday.
Bargain-hunters eye real estate: Barclays
More investors are likely to move capital into real estate over the next couple of years to scoop up bargains even as the distress that has long plagued residential real estate broadens and takes hold in the commercial sector, a top restructuring expert said.
BofA to sell asset management unit for $1 bln
Bank of America Corp has struck a deal to sell a long-term asset management business, part of its Columbia Management division, to Ameriprise Financial Inc for about $1 billion.
Citigroup is top Q3 govt-gtd bond underwriter
Thomson Reuters on Friday released the top government-guaranteed bond underwriters for the third quarter of 2009 as of Thursday, September 24.
Lehman asks to unseal documents from Barclays probe
Lehman Brothers Holdings Inc and its unsecured creditors asked a bankruptcy judge on Thursday to unseal court documents related to an investigation of the sale of Lehman's core U.S. assets to Barclays PLC .
BlackRock gets EU approval for buy of Barclays' BGI
U.S. fund manager BlackRock gained European Union regulatory approval on Wednesday for its acquisition of a Barclays investment unit for $13.5 billion in cash and shares.
Lehman: Barclays got $8.2 billion windfall from sale
Lehman Brothers Holdings Inc said on Tuesday that Barclays Capital Inc got a $8.2 billion windfall profit from excess assets it took control of in the fire sale of Lehman's U.S. brokerage business a year ago.
Macquarie betting big on Wall Street push
Macquarie Group Ltd, the Australian investment bank best known for privatizing public roads and airports, is making a big investment in Wall Street.
UK's Lloyds tops complaints list-Ombudsman
Lloyds Banking Group topped the list for complaints to a consumer watchdog in the first half of the year with payment protection insurance drawing over a quarter of all cases in the finance sector.
MasterCard processed volume decline slows in U.S.
MasterCard Inc, the world's second-largest credit-card network, said processed volume in the United States declined less in July and August than in the second quarter, reinforcing sentiment that the industry is stabilizing.
Barclays ahead early in Lehman carve-up
A year ago, Barclays and Nomura were preparing to dismember the carcass of recently-deceased Lehman Brothers. Twelve months seems a good time to ask: who got the tastier meal?
To the victors, the spoils: a post-Lehman scorecard
For Barclays and Nomura, the collapse of Lehman Brothers was the opportunity of the lifetime -- a chance to grab a seat at banking's top table as Wall Street's giants fell.
Barclays Capital sees further U.S. growth
British bank Barclays, which snapped up Lehman Brothers' U.S. business a year ago, aims to be a consistent top-five player in U.S. equities and says it is not done with expanding there.
Barclays shifts U.S. RGGI carbon trade to London
Investment bank Barclays Capital has shifted its trading of U.S. Northeast carbon allowances to its London desk after a trader in New York left the company, the bank's head of environmental markets said.
Option ARMs Put Recovery at Risk
Option ARMs, which accounted for $750 billion in mortgages issued between 2004 and 2007, according to Inside Mortgage Finance, are at serious risk with at least 50 percent already in default.
Emerging market funds enjoy bumper H1 - Lipper
Net sales of emerging market funds rose to 15 billion euros ($21.54 billion) in the first half of 2009 as investors returned in droves after pulling out last year, research firm Lipper FMI said.
Bharti & MTN work on finalizing deal; issues linger
India's Bharti Airtel and South Africa's MTN hope to finalize by mid-September a deal that could lead to a full merger, with the Indian firm adding another adviser and getting closer to lining up loans, three sources said.
Newcomers bet big on China equities business
For banks looking to seize market share in the lucrative Asian equities business, all eyes are on China.
RBS banker exodus damaging, not yet destructive
Royal Bank of Scotland has suffered a damaging but not yet destructive exodus of top staff and some areas of investment banking had lost significant numbers, the British bank's chief executive said.
RBS posts loss, warns of tough years ahead
Royal Bank of Scotland reported more losses on Friday as investment banking profits failed to offset bad debts, and the state-controlled lender warned of more poor results to come before a lasting recovery.
RBS posts H1 loss, warns of tough years ahead
Royal Bank of Scotland reported more losses on Friday as investment banking profits failed to offset bad debts and the state-owned lender warned of more poor results to come before its own and the economy's recovery.