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Barclays says compliance chief resigns due to stress

British bank Barclays said Tuesday that compliance chief and ex-regulator Hector Sants has resigned from the scandal-hit lender due to stress. "Hector Sants has been on sick leave since the beginning of October, suffering from stress and exhaustion," said a statement from Barclays, which was plagued last year by the Libor rate-rigging scandal. "He has concluded that he will not be able to return to work in the near term. Consequently he has decided to resign from Barclays and not return from sick leave."

NY's Barclays Center box holders claim shabby treatment due to race

By Ellen Wulfhorst NEW YORK (Reuters) - A group of Barclays Center luxury box holders sued the giant events center in Brooklyn on Thursday, claiming they have been treated badly because they are black. The federal lawsuit filed by Ludwig's Drug Store, which seeks $4 million in damages, claims its manager and two other staffers who bought into the box have been "harassed, followed and questioned."

Barclays caught in foreign exchange probe, reports profits

Barclays is among companies under investigation for possible manipulation of foreign exchange trading, the British bank said on Wednesday. Barclays, which is still looking to repair its reputation following its role in the Libor interest rate-rigging scandal, said it was unable to predict the fallout of the latest worldwide probe into financial sector activity. Deutsche Bank revealed on Tuesday that it too was being investigated over its foreign exchange trading, alongside Swiss bank UBS and Britain's state-rescued Royal Bank of Scotland which have also come forward.

New details of alleged Barclays rate-fixing emerge in court case

By Estelle Shirbon LONDON (Reuters) - Barclays <BARC.L> employees manipulated Libor benchmark interest rates to benefit one of the British lender's sterling investment funds between 2006 and 2010, according to evidence disclosed in court filings by a company that is suing the bank. The details came to light on Thursday during a hearing at the Court of Appeal in London into a dispute between Barclays and residential care home operator Guardian Care Homes, a test case that could affect all banks tainted by the Libor scandal.

Barclays says sells almost 95% of new shares

Barclays has sold nearly all of the shares in its £5.8-billion ($9.4-billlion, 6.9-billion-euro) rights issue, the British bank said on Friday. The lender has received valid acceptances in respect of 3.04 billion new ordinary shares, which represented 94.63 percent of the rights issue, it said in a statement Barclays had launched the cut-price shares sale to existing investors last month to help meet a regulatory demand to plug a hole in its balance sheet. Trading in the new shares will begin on Friday, with the remaining stock placed on the market.

Barclays set for $500 million placing to cap share issue

LONDON (Reuters) - Barclays <BARC.L> is expected to sell at least 300 million pounds ($487 million) of its shares in the market on Friday, as the British bank finds a home for shares not taken by existing investors in a 6 billion pound fundraising. Barclays is raising the cash from a rights issue to fill a capital shortfall and bookrunners will on Friday sell the shares not taken. The size of the "rump" to be sold will be announced before the market opens.

Barclays says to refund loan customers over errors

Barclays will refund about 300,000 loan customers after revealing that it had incorrectly charged interest over the past five years, the British bank said on Tuesday. A Barclays spokesman said that "technical errors" were uncovered in a review of interest payments. The errors, which date back to October 2008, could spark refunds totalling up to £100 million ($159 million, 119 million euros), according to The Times newspaper.

Barclays close to new shares offer worth £5.8 bn

Barclays will launch a £5.8-billion rights issue next week to help meet a regulatory demand to plug a hole in its balance sheet, the British bank said on Wednesday. The bank will sell the new shares on September 13 priced at 185 pence each -- a steep 40-percent discount to the price of its traded stock just before it announced the rights issue on July 30. Barclays shares were trading 0.52 percent lower at 283.6 pence in late morning deals on London's benchmark FTSE 100 index, which was down 0.50 percent at 6,435.92 points.

Barclays seeks $9 billion from shareholders to appease regulator

By Steve Slater and Matt Scuffham LONDON (Reuters) - Barclays <BARC.L> plans to raise 5.8 billion pounds ($8.9 billion) from its shareholders to address calls from Britain's financial regulator for the 320-year-old bank to strengthen its capital reserves against potential market shocks. The Bank of England's Prudential Regulation Authority (PRA) said on Tuesday Barclays needed an extra 12.8 billion pounds ($19.7 billion) of capital, more than it estimated last month, and that it should fill the shortfall in the next year.

Barclays fights UK watchdog findings on Qatar deal

LONDON (Reuters) - Barclays <BARC.L> is contesting allegations from Britain's regulator over commercial agreements linked to its controversial fundraising with Qatari investors in 2008, which helped it avoid a government bail-out. The fundraising has been under investigation by the Financial Conduct Authority and the Serious Fraud Office since last July and August.
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