| BARCLAYS (
2010-03-19) |
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BARCLAYS (
12:35pm )
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BARC.L |
357.60 |
+4.70 (
1.32 %)
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| Latest
News on BARCLAYS
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Savers “disillusioned” with ISA returns
ISA investors are “disillusioned” with the returns they are receiving on their savings, Barclays claimed this week.
The bank blamed the frustration on historically low interest rates.
The 0.5% base rate has caused many investors to rethink their approach to the financial marketplace, Barclays said.
Research by the bank found more than two-thirds (72%) of investors have changed [...]
[ Published on :
Thu, 18 Mar 2010 09:56 ]
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Barclaycard to close office in Glasgow with loss of 350 jobs
Barclaycard has today confirmed it is to close its loan centre in Glasgow this summer, which will result in the loss of 350 jobs.
The centre, which is located at Academy Park on the city’s south side, deals with loans arranged at the point of sale in shops.
Neil Radley, managing director of International Consumer Lending [...]
[ Published on :
Fri, 19 Mar 2010 10:33 ]
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RBS CEO decides to waive £1.6m bonus
Royal Bank of Scotland (RBS) chief executive, Stephen Hester, has decided not to take his £1.6 million bonus, according to the BBC.
The decision by the 49-year-old comes just a week after Barclays chief executive John Varley and president Bob Diamond both agreed to sacrifice bonuses for the second year in a row, in light of [...]
[ Published on :
Mon, 22 Feb 2010 05:57 ]
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Government approves £1.3bn RBS bonuses
The UK Financial Investments Ltd (UKFI) has written to the Royal Bank of Scotland (RBS) to approve its £1.3 billion in bonuses to its investment bankers.
The Treasury, through the UKFI, had the right to veto any bonus deal after the bank participated in the Government’s Asset Protection Scheme (APS) - one of the conditions of [...]
[ Published on :
Thu, 25 Feb 2010 11:37 ]
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Top ISA deal pays 3.5%
Santander’s ISA has been rated top in Moneynet.co.uk’s best buy charts for the fourth year in a row.
The ISA, paying 3.5%, pipped Barclay’s offering to the top spot.
Both Barclays and Santander are paying high rates than the best one-year fixed-rate ISAs.
“The Isa market is really taking shape as we approach the annual hot bed of [...]
[ Published on :
Wed, 10 Mar 2010 10:00 ]
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ICAP, Tullett Prebon lead 100, 250 in London
Equities markets in the Asia-Pacific region were higher Wednesday.
The FTSE 100 added 0.68 percent to 5,640.57 in London, while the FTSE 250 was up 0.93 percent to 9,865.29.
Inter-dealer money brokers led both the 100 and the 250, with Tullett Prebon (LSE: TLPR) gained 25.73 percent on the 250 after it was identified as a possible [...]
[ Published on :
Thu, 11 Mar 2010 09:51 ]
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Lloyds chief exec to waive annual bonus
It has emerged today that Eric Daniels, chief executive of Lloyds Banking Group, will waive his £2.3 million annual bonus.
The move comes after Royal Bank of Scotland chief executive, Stephen Hester, opted not to take his £1.6 million bonus.
The decision by 49-year-old Hester came just one week after Barclays chief executive John Varley and president [...]
[ Published on :
Tue, 23 Feb 2010 10:31 ]
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Pressure mounts on Lloyds chief to waive bonus
Over the weekend, it emerged that Royal Bank of Scotland (RBS) chief executive, Stephen Hester, had opted not to take his £1.6 million bonus.
The decision by 49-year-old Hester came just one week after Barclays chief executive John Varley and president Bob Diamond both agreed to sacrifice bonuses for the second year in a row, in [...]
[ Published on :
Mon, 22 Feb 2010 05:57 ]
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RBS posts £3.6bn annual loss
Royal Bank of Scotland (RBS), which is 84% state-owned, has today posted a full-year loss of £3.6 billion.
RBS is the second major UK bank to report its 2009 results. Last week, Barclays announced record profits of more than £11 billion - a 92% rise on the previous year.
However, RBS’ loss is not as bad as [...]
[ Published on :
Thu, 25 Feb 2010 11:37 ]
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Oil falls to near $82 after 2-day rally
(AP)
 AP - Oil prices fell toward $82 a barrel Thursday in Asia, paring two days of gains that were fueled by signs U.S. crude demand may be improving.
[ Published on :
Thu, 18 Mar 2010 09:56 ]
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Oil hovers below $82 after monthlong run-up
(AP)
 AP - Oil prices hovered below $82 a barrel Tuesday in Asia, losing momentum after a monthlong run-up fueled by growing investor optimism about global economic growth.
[ Published on :
Tue, 09 Mar 2010 09:19 ]
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Ombudsman complaints continue to rise
In its second six-monthly set of complaints data relating to individual financial firms, the Financial Ombudsman Service (FOS) has today said complaints rose by 18% in the second half of 2009.
According to the FOS, it received 82,136 complaints between 1 July and 31 December 2009 - a rise of 12,295 compared with the first half [...]
[ Published on :
Thu, 25 Feb 2010 05:21 ]
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