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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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Sector movers: Barclays lawsuit and StanChart update sink banking stocks

Thu, 26th Jun 2014 15:14

Claims of fraud and a disappointing trading update pushed UK banking stocks firmly lower on Thursday.Shares in Barclays plunged after a lawsuit was filed by the New York State Attorney General against the group's "dark pool" trading division. The complaint was made specifically in relation to its alternative trading system LX Liquidity Cross following an investigation by Attorney General Eric Schneiderman and alleges that it carried out fraud and "deceptive practices". The lawsuit is seeking unspecified monetary damages and injunctive relief, Barclays said in a brief statement. Barclays' stock was down nearly 8% at 211.75p by 14:32 after hitting a 52-week low of 209.4p earlier on.Michael Hewson, Chief Market Analyst at CMC Markets UK, said: "Not content with probes and fines into Libor, electricity trading, as well as an ongoing FX probe, we now have a probe into 'dark pools' in yet another blow to the banks and the industry's credibility.Meanwhile, Standard Chartered was also under selling pressure, down 4% at 1,205.82p, after its boss Peter Sands admitted that the emerging markets-focused bank experienced a "disappointing first half" with revenues and profits both below last year's.He said that the company faced difficult trading conditions across the global financial markets during the first six months of 2014, with revenues down by a "mid single-digit percentage" and operating profits 20% lower.HSBC and RBS were also trading in the red today, while Lloyds was bucking the trend, up 2%.Top performing sectors so far todayMobile Telecommunications 4,391.65 +2.20%Real Estate Investment & Services 2,635.94 +1.99%Chemicals 10,047.58 +1.92%Financial Services 7,995.72 +1.89%Automobiles & Parts 8,590.05 +1.66%Bottom performing sectors so far todayBanks 4,309.25 -1.60%Tobacco 39,529.67 -1.09%Technology Hardware & Equipment 1,055.48 -0.77%General Industrials 4,228.35 -0.41%Forestry & Paper 11,600.75 -0.37%BC
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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

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30 Jun 2023 13:09

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

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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

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30 Jun 2023 07:56

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29 Jun 2023 17:19

London stocks fall as utilities drag; Serco gains

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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 11:28

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

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29 Jun 2023 09:00

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

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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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