Figures from Barclays Trading Group of Fairfield, Iowa, show that 16% of equity-based hedge funds, designed to be relatively conservative, are leveraged at 100% or more of their asset values, meaning the fund has a dollar or more of debt for every dollar in assets.
Instead, Lehman shares got kicked down the stairs late Monday, dropping nearly 12% amid speculation that the U.K. banking group Barclays would make an offer to buy it--at a below-market price.
Instead, Lehman (nyse: LEH - news - people ) shares got kicked down the stairs late Monday, dropping nearly 12% amid speculation that the U.K. banking group Barclays (nyse: BCS - news - people ) would make an offer to buy it--at a below-market price.
But in an attempt to quash the speculation -- which had seen Barclays shares plunge by more than 12 percent -- the group stressed its Barclays Capital investment banking division was trading ahead of last year.
As expected, the four UK banks passed the test - Royal Bank of Scotland, HSBC, Barclays and Lloyds Banking Group.
On Monday, the Independent Commissions of Banking submitted its final report recommending far-reaching changes to all banks headquartered in the U.K., which has significant implications for companies like Barclays, RBS Group, HSBC and Standard Chartered Bank.
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Customers are also offered access to the products and expertise of other businesses in the group, particularly Barclays Capital, Barclaycard and Barclays Wealth.
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Anthony Jenkins, group chief executive of Barclays, and Sir David Walker, chairman of Barclays, appear before the Parliamentary Commission on Banking Standards (at 9.45am).
However, a report compiled by the Personal Finance Research Group on behalf of Barclays bank, has questioned how popular topping up the funds will prove to be.
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This year two U.K. banks, HSBC and Barclays, followed telecoms giant BT Group 's lead last year in committing to increase its use of renewable or environmentally sound energy.
In Britain, Barclays Global Investors, part of the banking group, has become the world's fourth-biggest asset manager after acquiring Wells Nikko, an index-fund provider that was itself the product of a joint venture between an American and a Japanese firm.
In London, Royal Bank of Scotland Group declined 2.2% and Barclays shed 2.1%.
Deutsche Bank lost 5.3% and Commerzbank dropped 6.2% in Frankfurt, while Lloyds Banking Group fell 4.3% and Barclays slipped 3.6% in London.
Sterling Smith, futures specialist, commodity research, Citibank Institutional Client Group, took a similar view as Barclays, saying it appeared that buyers stepped in at the low, which explained the lack of significant change in the data.
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The group on the euro-denominated issue includes Barclays, Credit Agricole, Mizuho, and Nomura.
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It had been rumored that Barclays Chief Executive John Varley and Barclays Capital boss Bob Diamond were poised to quit the group, following in the footsteps of other recent high profile departures at Merrill Lynch and Citigroup.
The second group included Goldman Sachs, Societe Generale, Barclays, Credit Agricole, BNP Paribas, Credit Suisse, Deutsche Bank and UBS. Moody's said these firms had varying risk factors, from high dependence on capital markets operations to limited liquidity and exposure to Europe.
European banks including UBS AG, Barclays Plc, HSBC Holdings Plc, Royal Bank of Scotland Group Plc and Credit Suisse Group AG have announced more than 70, 000 job cuts since midyear, compared with 42, 000 by U.S. peers, according to data compiled by Bloomberg.
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As reported, Deutsche Bank is global coordinator, leading a bookrunning group on the dollar tranche of Bank of America, Barclays, Credit Agricole, Mizuho, Morgan Stanley, and Nomura.
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Here in Britain, a group of eight companies, household names all, including Barclays Bank and British Gas, are running a big campaign offering costumers various ways to cut carbon emissions.
Barclays Capital said the rise in the net fund length in the platinum group metals came on the back of a combination of fresh long positions being established as well as short-covering activity.
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The cme Group is going up against its own customers--banks like Barclays, jpmorgan and Merrill Lynch, that is--by introducing over-the-counter derivatives, including interest-rate swaps.
The update did not give any information on the wider group's performance or results for the UK business, but Barclays said it would provide a full third-quarter business update as originally scheduled at the end of the month.
The cme Group is going up against its own customers--banks like Barclays (nyse: BCS - news - people ), jpmorgan and Merrill Lynch (nyse: MER - news - people ), that is--by introducing over-the-counter derivatives, including interest-rate swaps.
Barclays Capital had the best fourth quarter monthly income level last month in its history, according to the group.
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