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Pin to quick picksBarclays Share News (BARC)

Share Price Information for Barclays (BARC)

London Stock Exchange
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Share Price: 208.90
Bid: 209.35
Ask: 209.45
Change: -0.85 (-0.41%)
Spread: 0.10 (0.048%)
Open: 210.15
High: 211.85
Low: 208.80
Prev. Close: 209.75
BARC Live PriceLast checked at -

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Barclays' chief Diamond talks of bonus 'restraint'

Tue, 11th Jan 2011 11:22

Barclays' new chief executive Bob Diamond has defended bankers' bonuses and refused to confirm whether he will forgo his payout this year, thought to be worth up to £8m.Diamond, the former head of investment banking arm Barclays Capital promoted on 1 January, also told a Treasury Select Committee the time for apologies from banks is over."I'm committed as chief executive to acting responsibly, to showing any restraint I can," said the 59-year-old American. "Bonuses are not taken lightly. We are sensitive. We're listening."It's still too early for banks to confirm exactly what staff will receive this year - they're still crunching the numbers - but Barclays is thought to be dishing out a little less than last time when it makes its decision, due in a couple of weeks.State-owned Royal Bank of Scotland is expected to share out nearer £1bn compared with last year's £1.3bn, but there's talk that CEO Stephen Hester will trouser £2.5m.The total bonus bill for City bankers is expected to be about £7bn, down from £7.3bn a year ago and much less than the £11.6bn paid out in 2007.Then, Chelsea fan Diamond made £21m, but he's waived his bonus for the past two years amid public anger at the banks who they blame for causing the recession.Coalition leaders had promised a clampdown on the huge rewards handed to the Square Mile's wheeler dealers, but it's looking increasingly likely their efforts have failed.A promise to lend more to small businesses is all ministers will get, according to reports.That will come as a huge embarrassment to David Cameron and Nick Clegg, just as their tough package of spending cuts, including thousands of public sector job losses, begin to bite.
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30 Jun 2023 16:10

US urges appeals court to uphold Ghislaine Maxwell's sex trafficking conviction

NEW YORK, June 30 (Reuters) - The U.S. government has urged an appeals court to uphold Ghislaine Maxwell's conviction and 20-year prison sentence for helping the disgraced late financier Jeffrey Epstein sexually abuse teenage girls.

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30 Jun 2023 15:08

US, European IPOs show signs of life after lengthy drought

NEW YORK/LONDON, June 30 (Reuters) - A lackluster IPO market is showing signs of life as a flurry of deals in the United States and Europe raise hopes that a recovery may be in sight.

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30 Jun 2023 13:09

British mortgage lenders now have options in place to ease interest rate pain -FCA

LONDON, June 30 (Reuters) - Banks and building societies in Britain now have options in place to offer to mortgage customers to ease the pain of rising interest rates, the Financial Conduct Authority (FCA) said on Friday.

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30 Jun 2023 12:39

British mortgage lenders can offer options to help ease interest rate pain -FCA

LONDON, June 30 (Reuters) - Banks and building societies in Britain can offer mortgage customers options to ease the pain of rising interest rates, the Financial Conduct Authority (FCA) said on Friday.

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30 Jun 2023 09:36

Vanquis Banking promotes former Barclays CFO Peter Estlin to chair

(Alliance News) - Vanquis Banking Group PLC on Friday said it will promote Non-Executive Director Peter Estlin to chair, subject to regulatory approval.

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30 Jun 2023 07:56

LONDON BRIEFING: Markets ponder strong US economy, slow China recovery

(Alliance News) - Stocks in London were called higher on Friday, as investors weighed conflicting economic data from the world's two largest economies.

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29 Jun 2023 17:19

London stocks fall as utilities drag; Serco gains

De La Rue up after retaining annual profit forecast

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29 Jun 2023 15:24

UK mortgage rates rise again, turning screw on homeowners and buyers

LONDON, June 29 (Reuters) - Major British lenders on Thursday announced another increase in mortgage rates offered via brokers, pushing many products above the 6% mark in painful news for many homeowners and potential buyers.

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29 Jun 2023 12:35

Intel vs Nvidia: mind the gap

STOXX Europe 600 up 0.3%

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29 Jun 2023 11:28

What a PP, Vox-led Spain could mean for equities?

STOXX Europe 600 up 0.1%

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29 Jun 2023 10:29

UK banks: reasons to buy on weakness

STOXX Europe 600 up 0.1%

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29 Jun 2023 09:00

LONDON BROKER RATINGS: Exane cuts Ashtead; Investec likes De La Rue

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:

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27 Jun 2023 09:58

RHI Magnesita advised that Ignite Luxembourg offer undervalues company

(Alliance News) - RHI Magnesita NV on Tuesday said it was advised by Barclays Bank PLC and Peel Hunt LLC that the offer from Ignite Luxembourg Holdings Sarl to buy a non-controlling minority stake undervalues the company.

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27 Jun 2023 07:38

CAB Payments sets 335 pence per share offer price in London listing plan

LONDON, June 27 (Reuters) - CAB Payments Holdings <IPO-CABP.L>, a specialist in business-to-business emerging markets cross-border payments, said on Tuesday it had set a 335 pence price per share for its prospective London listing, implying a market capitalisation of 851 million pounds ($1.08 billion).

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26 Jun 2023 17:39

UK banks face profit hit from rising threat of economic hard landing

(Alliance News) - JPMorgan on Monday warned that high street lenders, Lloyds Banking Group PLC, Barclays PLC and NatWest Group PLC, face a profit squeeze in the event of a hard-landing for the UK economy.

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