(Alliance News) - Barclays PLC will pay a total of USD361 million to settle matters related to an overselling of financial instruments, a US watchdog said on Thursday. Read More
(Alliance News) - Stock prices in London opened lower on Wednesday, as another step up in Western tensions with Russia soured already fragile investor sentiment, while the pound struggled after the International Monetary Fund weighed in on UK tax and borrowing plans. Read More
(Alliance News) - Micro Focus International PLC on Monday said that Open Text Corp has completed its debt financing commitments for Micro Focus's GBP5.1 million takeover. Read More
VinaCapital Vietnam Opportunity Fund Ltd - UK-based Vietnam focused investment fund - Appoints Barclays to provide "investor engagement services". The appointment "complements" existing UK and European arrangement for investor engagement services provided to the company by Frostrow Capital and Numis Securities. Looks forward to Barclays's support in its "ongoing efforts to diversify the shareholder base to continue to attract global investors." Read More
(Alliance News) - The UK's new Chancellor of the Exchequer Kwasi Kwarteng is set to hold crisis talks with the heads of major high street banks on Wednesday, Sky News reported on Tuesday. Read More
(Alliance News) - Barclays PLC said on Thursday it expects to book a loss of GBP31 million following the sale of its remaining stake in Absa Group Ltd. Read More
(Alliance News) - London stocks are set to start September on a downbeat note Thursday, after a hot inflation print in the eurozone on Wednesday raised tightening expectations ahead of the European Central Bank's next meeting. Read More
Barclays PLC - London-based bank - To sell its remaining shareholding of 63 million shares in Johannesburg-based financial services firm Absa Group Ltd, via its wholly-owned subsidiary, Barclays Principal Investments Ltd. Shares represent a 7.4% stake in Absa and are being offered to investors through an accelerated bookbuild placing. The final number of placing shares and the price per share will be agreed at the close of the bookbuild process. Read More
(Alliance News) - The FTSE 100 remained in the green on Tuesday at midday on account of a weaker pound, but gains ebbed as oil prices retreated from morning highs. Read More
Barclays PLC - London-based bank - Says it is beginning its rescission offer, previously announced last month, to rescind previous purchases of USD17.6 billion. The bank says the repurchase period will start on Monday and will expire on September 12. Read More
(Alliance News) - European equities were largely higher in early dealings on Monday, undeterred by a weaker manufacturing activity reading from China and poor German retail sales figures, with gains for lenders and publisher Pearson supporting the FTSE 100. Read More
(Alliance News) - Stock prices in London were higher on Friday with deteriorating economies prompting expectations for interest rate hikes to be scaled back, as an action-packed week of company and economic news draws to a close. Read More