Barclays Plc saw the volume of US shares traded at its ‘dark pool’ rise to the highest since it was sued by New York for allegedly lying to customers of the venue. 

The ECB is unlikely to reduce interest rates at Thursday’s monthly meeting, but ongoing weak inflation data increases the prospect of a rate cut during the summer.

The Co-Operative Group Ltd has agreed to cede control of its banking unit to creditors after 141 years, part of a deal to allow the lender to plug a £1.5bn (€1.77) capital shortfall.

European Union antitrust regulators are examining the possible manipulation of currency rates, following a Swiss probe into whether banks colluded to manipulate the $5.3 trillion (€3.9tn)-a-day foreign exchange market.

The UK government said it will sell a majority stake in 360-year-old Royal Mail via an initial public offering by the end of March.

The US owner of the New York Stock Exchange will take over the running of Libor, the benchmark interest rate at the centre of a global rigging scandal, wresting control from a British bankers’ trade body for a token £1 (€1.16).

Johnson & Johnson, the world’s largest seller of healthcare products, won approval for the first in a new family of diabetes drugs, giving them the edge against rivals developing similar medicines.

Barclays Capital says it plans to lay off 275 employees at three offices in New York.

Pressure mounted for Barclays Plc chief executive Bob Diamond to quit after Britain’s third-biggest bank sacrificed its chairman over an interest rate rigging scandal that has dealt “a devastating blow” to its reputation.

The chairman of a leading British bank is set to quite today as an interest-rate rigging scandal takes its first major scalp and threatens to widen to other banks, raising questions about the involvement of the Bank of England.

The 17-nation euro area will lose at least one member in the next year, according to 58% of investors surveyed by Barclays Plc.

Dublin-headquartered Covidien Plc is to buy Oridion Systems Ltd, an Israeli maker of devices for patient breathing safety, for $346m (€260m).

K1 GROUP founder Helmut Kiener has been convicted of defrauding investors with a €345 million Ponzi scheme and sentenced to 10 years and eight months in prison.

Madrid: Spanish banks that together need as much as €15.2 billion to meet minimum capital levels now must persuade investors that their battered balance sheets offer the potential return to match the risk.

STANDARD Chartered Plc, the British-based bank that makes more than three-quarters of its profit in Asia, said it won’t join any pact to restrain bonuses for 2010.

JOB vacancies at London’s financial services companies rose 7% last month as firms sought to replace workers lost during the credit crisis.

Wall Street broke a four-day advance today as a rally in financial stocks fizzled and dragged the market lower.

A US bankruptcy judge approved the sale of Lehman Brothers Holdings’ prized investment management unit to a group of managers and employees.

Asian stock markets were down sharply today amid growing alarm over the world’s financial system as investors braced for a seismic shake-up on Wall Street involving the likely collapse of Lehman Brothers and the takeover of Merrill Lynch.

Barclays Plc may be close to securing a 100bn yen (€594m) capital injection from Japan’s Sumitomo Mitsui Banking Corp. as part of the bank’s efforts to weather the impact of the global credit crisis, according to media reports.

CORK-BASED cancer drug research firm EiRx Therapeutics said Barclays Stockbrokers, through Barclays PLC, has raised its stake in the company to about 934.9 million shares, or about 13.4%, from 211.63 million shares.

Wall Street advanced for a second session in a row today as investors placed bets that the Federal Reserve would not indicate that it is leaning toward a US interest rate hike.

Banking giant Barclays is in exclusive talks with Dutch bank ABN Amro about a potential £80bn (€117bn) merger.

Banking giant Barclays tonight confirmed that it is in exclusive talks with Dutch bank ABN Amro about a potential €116bn merger.

US stocks spiked higher today as Wall Street joined overseas markets in riding a wave of merger news to bounce back from a losing week.

BRITISH stocks resumed this month’s retreat amid speculation that interest rates worldwide will keep rising, weighing on financial companies, including Barclays plc.

Australian champion Starcraft defeated Europe’s finest in a tactical renewal of the Queen Elizabeth II Stakes at Newmarket.

Ground conditions could play a major role in the outcome of tomorrow’s Queen Elizabeth II Stakes at Newmarket with good going expected.

Dubawi looks almost certain to get good ground for Saturday’s Queen Elizabeth II Stakes at Newmarket.

Investors burdened by angst about upcoming earnings reports shrugged off a spate of mergers and acquisitions news today, leaving stocks with only modest gains.

AIB Bank and Bank of Ireland may become takeover targets for National Australia Bank when a former Barclays’ Bank deputy chief executive takes over NAB’s European operations in August.