Andrada Mining acquisition elevates the miner to emerging mid-tier status. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBarclays Share News (BARC)

Share Price Information for Barclays (BARC)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
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 -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

U.S. regulators release biggest banks' second set of 'living wills'

Thu, 03rd Oct 2013 13:56

WASHINGTON, Oct 3 (Reuters) - U.S. bank regulators onThursday released portions of the biggest banks' updated "livingwills," or blueprints for how they could be wound down in acrisis.

The resolution plans are a key component of regulators'efforts to crack down on Wall Street after the 2007-2009financial crisis. The 2010 Dodd-Frank law called for banks tospell out how they could be taken apart as a way to preventfuture costly taxpayer bailouts.

The Federal Reserve and Federal Deposit Insurance Corp said11 of the biggest banks operating in the United States firstfiled their resolution plans in 2012 and were required to submitupdated versions by Oct. 1.

That group of banks with $250 billion or more in nonbankassets in the United States included Bank of America Corp, JPMorgan Chase & Co, Deutsche Bank AG and Barclays Plc.

Under the rules, banks turn in both a public portion, whichis posted on the Fed's and FDIC's websites, and a confidentialsection that regulators scrutinize.

After finding some gaps in the planning last year,regulators asked banks to include more detailed information thistime about potential obstacles to bankruptcy.

They asked banks to consider how their funding andliquidity, global cooperation and interconnectedness couldaffect regulators' ability to unwind them during a financialcrisis.

A second group of banks, including Wells Fargo & Co and HSBC Holdings Plc, filed their first living willsin July.

The final group, banks with more than $50 billion but lessthan $100 billion in total U.S. assets, must turn plans in bythe end of the year, regulators said.

More News
19 May 2023 22:27

JPMorgan, ex-executive spar in court over responsibility for Epstein

NEW YORK, May 19 (Reuters) - A judge said on Friday he would decide by the end of the month whether a JPMorgan Chase & Co lawsuit should proceed against a former executive who it accuses of entangling the bank with late financier and convicted sex offender Jeffrey Epstein.

Read more
19 May 2023 21:34

JPMorgan, ex-executive spar in court over responsibility for Epstein

NEW YORK, May 19 (Reuters) - A federal judge said on Friday he would decide by the end of the month whether JPMorgan Chase & Co's lawsuit against a former executive who befriended sex offender Jeffrey Epstein should proceed.

Read more
18 May 2023 18:39

Deutsche Bank to pay $75 mln to settle lawsuit by Epstein accusers

NEW YORK, May 18 (Reuters) - Deutsche Bank AG agreed to pay $75 million to settle a lawsuit by women who say they were abused by the late financier Jeffrey Epstein, and accused the German bank of facilitating his sex trafficking.

Read more
18 May 2023 16:33

J.P. Morgan seeks documents from Manhattan DA in Epstein case

NEW YORK, May 18 (Reuters) - JPMorgan Chase & Co is seeking documents from Manhattan District Attorney Alvin Bragg as part of a lawsuit against the bank by women who say they were abused by the late financier Jeffrey Epstein, court records showed on Thursday.

Read more
18 May 2023 15:28

Manhattan DA took part in conference in Epstein-related J.P. Morgan suit -court records

NEW YORK, May 18 (Reuters) - Manhattan District Attorney Alvin Bragg took part in a telephone conference in a lawsuit against JPMorgan Chase & Co by women who say they were abused by the late financier Jeffrey Epstein, federal court records showed on Thursday.

Read more
17 May 2023 07:59

LONDON BRIEFING: Shares hit by US deadlock; JD Sports profit falls

(Alliance News) - Stocks in London were called down on Wednesday, as crunch talks in the US about avoiding a government debt default seemed to make little progress.

Read more
16 May 2023 21:49

Barclays technology banker joins Citigroup

NEW YORK, May 16 (Reuters) - Ed Wehle, a senior Barclays Plc technology banker, has resigned to join U.S. rival Citigroup Inc in New York, according to an internal memo seen by Reuters, adding to an exodus of top investment bankers from the London-based bank.

Read more
16 May 2023 21:13

Barclays technology banker joins Citigroup

NEW YORK, May 16 (Reuters) - Ed Wehle, a senior Barclays Plc technology banker, has resigned to join U.S. rival Citigroup Inc in New York, according to an internal memo seen by Reuters, adding to an exodus of top investment bankers from the London-based bank.

Read more
16 May 2023 18:55

Blackstone, Thomson Reuters consortium looks to sell further $3 bln in LSEG shares

LONDON, May 16 (Reuters) - An investor consortium including U.S. buyout firm Blackstone and Thomson Reuters , the publisher of Reuters News, is looking to sell around $3 billion worth of shares in the London Stock Exchange Group, according to a term sheet shared by an investment bank involved in the sale on Tuesday.

Read more
15 May 2023 13:24

Okay, Boomer: The most popular stocks by generation

STOXX 600 up 0.3%

*

Read more
12 May 2023 23:38

Klaviyo files confidentially for U.S. IPO -sources

NEW YORK, May 12 (Reuters) - Data and marketing automation firm Klaviyo Inc confidentially submitted paperwork on Friday with U.S. regulators for an initial public offering (IPO) in New York, according to people familiar with the matter.

Read more
12 May 2023 22:36

Klaviyo files confidentially for U.S. IPO -sources

NEW YORK, May 12 (Reuters) - Data and marketing automation firm Klaviyo Inc confidentially submitted paperwork on Friday with U.S. regulators for an initial public offering (IPO) in New York, according to people familiar with the matter.

Read more
12 May 2023 16:00

Filipino priest on mission in Europe to halt fossil fuel financing

FRANKFURT/MANILA, May 12 (Reuters) - A Filipino priest is touring top European banks to demand they curtail ties with companies behind new fossil fuel projects in a region of his home country that is rich in fish and coral. But he is leaving his meetings with bankers feeling frustrated.

Read more
12 May 2023 11:04

Filipino priest on mission in Europe to halt fossil fuel financing

FRANKFURT/MANILA, May 12 (Reuters) - A Filipino priest is touring top European banks to demand they curtail ties with companies behind new fossil fuel projects in a region of his home country that is rich in fish and coral. But he is leaving his meetings with bankers feeling frustrated.

Read more
12 May 2023 09:37

LONDON BROKER RATINGS: RBC lifts Barclays; Jefferies cuts Diageo

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

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.