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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: 205.85
Bid: 205.45
Ask: 205.55
Change: -0.30 (-0.15%)
Spread: 0.10 (0.049%)
Open: 207.10
High: 207.90
Low: 204.65
Prev. Close: 206.15
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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9 Feb 2024 08:49

LONDON MARKET OPEN: Tesco bank sold to Barclays for GBP600 million

(Alliance News) - Stock prices in London lacked direction on Friday, after Barclays announced plans to buy the retail banking business of Tesco Bank.

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9 Feb 2024 08:11

Barclays adds scale, income and profits with Tesco Bank deal, says Shore Capital

(Sharecast News) - Shore Capital has reiterated a 'buy' recommendation on Barclays after its deal to takeover Tesco Personal Finance for £600m, saying that the stock should double from current levels.

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9 Feb 2024 07:59

TOP NEWS: Barclays buys Tesco Bank as supermarkets refocus on food

(Alliance News) - Barclays PLC and Tesco PLC on Friday announced an agreement for Barclays to buy the retail banking business of Tesco Bank, as the big UK supermarkets scale back their forays into financial services.

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9 Feb 2024 07:51

LONDON BRIEFING: Barclays buys Tesco's retail banking business

(Alliance News) - Stocks in London are called to open higher on Friday, closing off a busy corporate week.

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9 Feb 2024 07:03

Tesco sells banking unit to Barclays for £600m

(Sharecast News) - UK supermarket giant Tesco has sold its most of its retail banking business to Barclays for £600m, the two companies said on Friday.

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4 Feb 2024 11:12

Sunday newspaper round-up: Asda, Barclays, McLaren

(Sharecast News) - Zuber Issa, one of the two billionaire brothers at the helm of Asda, has been sounding out potential buyers for his 22.5% stake in the grocer. Instead, Zuber wishes to focus on EG Group, their petrol station empire. Meanwhile, Asda's next phase may include a bid for Boots. According to City sources, it was also possible that Zuber might use the funds raised through a sale to fund the purchase of his brother's stake in EG Group. - The Sunday Telegraph

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26 Jan 2024 17:39

Texas bans Barclays from local govt debt business over ESG concerns

NEW YORK, Jan 26 (Reuters) - Texas Attorney General Ken Paxton on Friday said Barclays bank would not be permitted to underwrite municipal bonds after failing to respond to questions from state authorities about its pledges to cut greenhouse gas emissions.

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26 Jan 2024 17:08

Texas bans Barclays from local debt business over ESG concerns

NEW YORK, Jan 26 (Reuters) - Texas Attorney General Ken Paxton said on Friday that Barclays bank would not be permitted to underwrite municipal bonds after failing to respond to questions from state authorities about its carbon emissions reduction commitments.

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25 Jan 2024 10:36

BoE says 'ring fencing' capital rules for retail banks need no big overhaul

LONDON, Jan 25 (Reuters) - The Bank of England said on Thursday that its rules requiring banks to "ring fence" their retail arms with bespoke buffers of capital have worked satisfactorily with no major overhaul needed.

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25 Jan 2024 10:05

Bank of England says 'ring fencing' capital rules for retail banks need no major overhaul

LONDON, Jan 25 (Reuters) - The Bank of England said on Thursday that its rules requiring banks to "ring fence" their retail arms with bespoke buffers of capital have worked "satisfactorily" with no major overhaul needed.

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23 Jan 2024 12:37

UK Chancellor Hunt meets top UK bank heads over plans to boost City

(Alliance News) - Jeremy Hunt has met the UK's biggest banks as part of efforts among the government to boost interest in the City.

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22 Jan 2024 17:14

European shares rise as Wall Street rallies; ECB decision in focus

Kindred jumps on takeover bid from FDJ

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22 Jan 2024 16:59

London stocks climb as homebuilders shine, China weakness drags miners

Barclays up after bullish view from MS

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22 Jan 2024 08:34

LONDON MARKET OPEN: FTSE 100 follows New York into the green

(Alliance News) - Stock prices in London opened higher on Monday, propelled by gains on Wall Street at the end of last week.

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19 Jan 2024 09:28

LONDON BROKER RATINGS: BofA cuts Pearson, raises Just Eat Takeaway

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

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