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Barclays CEO Says That Banks Need Clarity On Basel Rules In US

BRIEF-Barclays CEO Says That Banks Need Clarity On Basel Rules In US Oct 25 (Reuters) - Barclays PLC BARC.L : BARCLAYS CEO SAYS THAT CAPITAL RULES SHOULD BE SIMILAR GLOBALLY, BANKS NEED CLARITY ON BASEL RULES IN UNITED STATES Source text for Eikon: [ID:] Further company coverage: BARC.L Reporting by Nupur Anand
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What to expect in 2024: Forecasts for GDP, inflation and other assets

FACTBOX-What to expect in 2024: Forecasts for GDP, inflation and other assets Updates with global GDP forecast from Citigroup; U.S., global, euro area, India GDP forecasts from UBS Global Research; Goldman Sachs' India GDP forecast and HSBC's S&P 500 year-end forecast Oct 25 (Reuters) - The U.S. Federal Reserve cut interest rates by an oversized 50 basis points in its Sept.
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Uganda's $5 bln EACOP pipeline faces difficult debt talks

Uganda's $5 bln EACOP pipeline faces difficult debt talks By Wendell Roelf CAPE TOWN, Oct 25 (Reuters) - Partners developing the $5 billion East African Crude Oil Pipeline (EACOP) are injecting more cash into the project to prevent it stalling as debt financing proves elusive, Uganda's energy minister told Reuters. Minister Ruth Nankabirwa recently travelled to Beijing to meet with potential Chinese funders seen as crucial for the success of East African Crude Oil Pipeline (EACOP) after six West
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Close Brothers and Lloyds shares slide after UK motor finance ruling

UPDATE 4-Close Brothers and Lloyds shares slide after UK motor finance ruling Close Brothers loses court ruling on car loan commissions Shares slide more than 20%, Lloyds loses 6% UK regulator considering consumer redress scheme Adds FirstRand statement in paragraph 7, updates shares in paragraph 5 LONDON, Oct 25 (Reuters) - Shares in Close Brothers Group CBRO.L slumped on Friday after a London court ruled that motor finance brokers must fully inform customers about commissions when taking out c
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Barclays wins bid to slash UK investors' $727 mln 'dark pool' lawsuit

UPDATE 2-Barclays wins bid to slash UK investors' $727 mln 'dark pool' lawsuit Adds background, reaction in paragraphs 2-3, 6 and 10 LONDON, Oct 25 (Reuters) - Barclays BARC.L on Friday won its bid to more than halve a shareholders' lawsuit worth up to 560 million pounds ($727 million) at London's High Court for allegedly misleading the market about its private "dark pool" trading platforms.
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Barclays wins bid to slash UK investors' $727 mln 'dark pool' lawsuit

Barclays wins bid to slash UK investors' $727 mln 'dark pool' lawsuit LONDON, Oct 25 (Reuters) - Barclays BARC.L on Friday won its bid to more than halve a shareholders' lawsuit worth up to 560 million pounds ($727 million) at London's High Court for allegedly misleading the market about its private "dark pool" trading platforms. Hundreds of institutional investors are suing after more than 2 billion pounds was wiped off Barclays' value in 2014, when New York's attorney general filed a complaint
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Take Five: Ready for an action-packed week?

GRAPHIC-Take Five: Ready for an action-packed week? LONDON, Oct 25 (Reuters) - Traders will have their work cut out keeping up with Japan's snap election, U.S. jobs data, a UK budget, euro zone growth numbers and a slew of third-quarter earnings. And as a U.S. presidential election nears, global market swings are getting bigger. Here's all you need to know about the week ahead from Lewis Krauskopf in New York, Kevin Buckland in Tokyo and Naomi Rovnick, Amanda Cooper and Sinead Cruise in London.
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Anglo American, Munich Re, Stora Enso Oyj

EUROPE RESEARCH ROUNDUP-Anglo American, Munich Re, Stora Enso Oyj Oct 25 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Anglo American, Munich Re and Stora Enso Oyj , on Friday. HIGHLIGHTS * Anglo American Plc AAL.L : HSBC cuts target price to 2150p from 2200p * Brooks MacDonald Group Plc BRK.L : Peel Hunt cuts to add from buy * DSV DSV.CO : HSBC raises to buy from hold * Munich Re MUVGn.DE : Berenberg cuts to hold for buy * Stora
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NatWest raises income outlook as lending growth drives profits higher

UPDATE 3-NatWest raises income outlook as lending growth drives profits higher Q3 profit of 1.7 billion pounds beats estimates NatWest upgrades returns and income guidance Bank's confidence comes despite mixed economic picture Adds analyst reaction in paragraph 4, share price in paragraph 7 By Lawrence White LONDON, Oct 25 (Reuters) - NatWest NWG.L reported a 26% rise in third-quarter profit and raised its income forecast for 2024, as it grew lending and deposits while sustaining margins despite
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FTSE 100 closes higher on earnings boost

UPDATE 1-FTSE 100 closes higher on earnings boost FTSE 100 up 0.13%; FTSE 250 down 0.19% Unilever up after Q3 results British preliminary flash PMI down to 51.7 in Oct Updated at 1555 GMT By Pranav Kashyap Oct 24 (Reuters) - London's blue-chip stock index edged higher on Thursday, buoyed by upbeat corporate earnings and economic data that bolstered bets of more rate cuts from the Bank of England.
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Barclays PLC reports results for the quarter ended in September 30 - Earnings Summary

Barclays PLC reports results for the quarter ended in September 30 - Earnings Summary Barclays PLC BARC.L reported quarterly adjusted earnings of 11 pence​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 8 cents. The mean expectation of four analysts for the quarter was for earnings of 9 pence per share.
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Barclays’ investment bank slog gets welcome push

BREAKINGVIEWS-Barclays’ investment bank slog gets welcome push The author is a Reuters Breakingviews columnist. The opinions expressed are her own. By Aimee Donnellan LONDON, Oct 24 (Reuters Breakingviews) - Barclays’ BARC.L investment bank reboot is showing signs of life. On Thursday , the $46 billion UK lender revealed that its debt and advisory businesses are performing well.
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Dow forecasts weak Q4, sagging demand leads to review of some Europe assets

UPDATE 4-Dow forecasts weak Q4, sagging demand leads to review of some Europe assets Adds details throughout and analyst comment in paragraph 8, updates share movement in paragraph 2 By Tanay Dhumal Oct 24 (Reuters) - Chemical company Dow DOW.N said on Thursday it has begun a review of some of its European assets, and forecast fourth-quarter revenue below market expectations.
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STOXX up, most sectors in the green

LIVE MARKETS-STOXX up, most sectors in the green STOXX 600 rises 0.6% Positive earnings give support Euro zone business activity stuck Nasdaq futures lifted by Tesla Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com STOXX UP, MOST SECTORS IN THE GREEN The good vibes coming from the earnings season were reverberating across European equity markets in early deals on Thursday, pushing
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Sodexo up on 'reassuring' FY 2024 results

BUZZ-Sodexo up on 'reassuring' FY 2024 results ** Shares in Sodexo are up 3.6% after rising as much as 6.4% following "reassuring" results of the French service provider company ** Barcalys says the results for the year through Aug. 31 were reassuring, adding that they look better than expectations ** Sales grew 7.9% organically, above the consensus forecast of a 7.8% growth ** Group reported a record 1.9 billion euros ($2.1 billion) in new signings, but a 100 bps drop in retention to 94.2% ** "
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UK Stocks-Factors to watch on Oct 24

UPDATE 1-UK Stocks-Factors to watch on Oct 24 Adds news items, FTSE 100 index trading Oct 24 (Reuters) - Britain's FTSE 100 .FTSE index trading up 0.5% in early trade on Thursday. * LSEG: London Stock Exchange Group LSEG.L said its income rose a better-than-expected 9.5% in the third quarter versus a year earlier. * BARCLAYS: Barclays' BARC.L third quarter profit rose 18% as its investment bank cashed in on a jump in corporate dealmaking and trading during the period.
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Barclays gains on Q3 profit view beat

BUZZ-Barclays gains on Q3 profit view beat ** Shares in Barclays BARC.L rise 1.7% at 242.4p ** Stock among top pct gainers on FTSE 100 .FTSE index, which is up 0.4% ** British lender's Q3 profit up 18%, above analysts' average forecast ** Co reports Q3 PBT of 2.2 bln pounds ($2.85 bln) vs market consensus of 1.97 bln pounds, according to data compi
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Barclays Posts Qtrly Pretax Profit Of £2.2bn

BRIEF-Barclays Posts Qtrly Pretax Profit Of £2.2bn Oct 24 (Reuters) - Barclays PLC BARC.L : BARCLAYS - QTRLY PRETAX PROFIT OF £2.2BN VERSUS 1.9 BILLION STG AS REPORTED A YEAR AGO BARCLAYS - ON TRACK TO DELIVER AGAINST 2024 AND 2026 TARGETS BARCLAYS - SHARE BUYBACK OF £750M WELL PROGRESSED BARCLAYS - INVESTMENT BANK (IB) INCOME INCREASED 6%. BARCLAYS - QTRLY BARCLAYS PRIVATE BANK AND WEALTH MANAGEMENT (PBWM) INCOME DECREASED 3% BARCLAYS - GLOBAL MARKETS INCOME INCREASED 3%, WITH FICC AND EQUIT
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Europe before the bell: Tesla and other earnings for breakfast

LIVE MARKETS-Europe before the bell: Tesla and other earnings for breakfast Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com EUROPE BEFORE THE BELL: TESLA AND OTHER EARNINGS FOR BREAKFAST European shares were set for a minor gains at the open on Thursday on very busy day for earnings, as a strong sales forecast from Tesla TSLA.O that sent its shares rallying offset uncertainty ove
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Barclays boosts profit, ups income outlook as investment bank delivers

UPDATE 3-Barclays boosts profit, ups income outlook as investment bank delivers Q3 profit of 2.2 billion pounds beats estimates Bank upgrades income forecast as rate cut expectations slow Investment bank income rises on dealmaking boost Adds analyst reaction in paragraph 7,10, CFO comments in paragraphs 17-19, updates shares By Lawrence White and Sinead Cruise LONDON, Oct 24 (Reuters) - Barclays BARC.L reported a forecast-beating 18% rise in third-quarter profit on Thursday, as slower than expec
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