Barclays plc News

In 2007, Americans saved a total of $57.4 billion. That same year, we spent $92.3 billion on legalized gambling.

John Varley, chief executive of Barclays, defended his pay and bonus, and those of his peers, by saying "profit is not satanic." Moral outrage has set off a counter-reaction among a host of European bankers.

HSBC forecast that emerging markets will spearhead the economic recovery on Tuesday as the world banking giant said its third-quarter profits were "significantly" higher compared with a year earlier.

U.K. traders were split on British banks on Tuesday, with HSBC Holdings climbing after reporting declining U.S. impairments and Royal Bank of Scotland rising on an upgrade, while Barclays lagged after an impressive run this year.

John Varley could not have chosen a more propitious day for the unveiling of the latest episode of Barclays' self-help plan.

Exchange-traded funds have become one of the most popular investment vehicles during their relatively brief history.

British shares climbed on Wednesday as financials advanced and after two major retailers outlined better-than-expected trading performances.

Barclays Plc , Britaina s second- largest bank, said retail and commercial banking head Frits Seegers quit after the bank handed control of his commercial lending unit to President Robert Diamond .

Barclays Plc Chief Executive Officer John Varley stood at the wooden lectern in St.

One of Barclays' top executives, Frits Seegers, is leaving the U.K. bank as the bank on Tuesday announced a sweeping reorganization.

Their plan was for other banks to underwrite its most toxic assets. The investment banking division, the most attractive remaining asset, would then be sold - and Barclays quickly emerged as the leading candidate to buy the business, but, as this exclusive extract reveals, the Financial Services Authority and Alistair Darling had other ideas.

Leading U.K. bankers have urged the Financial Services Authority to slow down its efforts to reform markets, according to documents seen by Financial News, which demonstrates the level of discomfort within the industry at the pace of change.

BARCLAYS has selected Galloway's Society for the Blind in Morecambe as their recipients for our A 500 Heart of the Community award.

As German regulators and the FBI investigate possible fraud at German fund-of-funds K1 Group, reports are emerging that some of the biggest banks are facing losses.

While Barclays' new Wealth ETF Tactical Allocation BETA Portfolios are a unique stop forward for the much-anticipated active ETF industry, these asset allocation strategies eschew many of the basic characteristics of ETFs that have made the funds so popular.

Bank of England Governor Mervyn King opened a rift with Prime Minister Gordon Browna s government by signaling the biggest banks could be broken up to prevent taxpayers having to shoulder the cost of future bailouts.

Despite a strong raft of earnings from the United States and higher close from Wall Street and Asia, Europe only managed weak gains in afternoon trading.

The Premier League and Barclays have today agreed to a new three year deal for Barclays to be the global title sponsor of the Barclays Premier League.

U.S. stock futures rose above one-year peaks on Tuesday after better-than-forecast results from Apple and Caterpillar.

Good Martin Wolf column im the FT on the largely spurious protests being made by banks in the face of calls for serious reform: In an interview with the FT, Marcus Agius, chairman of Barclays, indicates perfectly what the backers of regulation are up against.