Barclays

Barclays shares shrugged off a larger than expected fall in profits this morning and a downbeat market to climb over 4% in early trading.

Economists have warned the Independent Commission on Banking (ICB)'s plans to ringfence UK banks' retail and investment divisions could threaten economic growth.

Barclays was among six global banking groups to be downgraded by Fitch last night, with the ratings agency pointing to challenging financial markets.

Barclays has offered to buy back £2.5bn worth of debt to boost its capital levels.

As the eurozone crisis reaches a crescendo, the Bank of England has revealed just how much exposure UK banks have to the region's most troubled economies.

Standard & Poor's has downgraded a raft of US and UK banks including HSBC, Barclays, and Goldman Sachs following an overhaul of its ratings criteria.

Thomas Cook shares jumped 47% on Thursday in anticipation of an announcement the travel giant has secured the £100m loan it needs to avoid going bust.

A pair of Walker Crips funds run by Steve Bailey and Jan Luthman are set for a boost as major holding Hamworthy received a bid approach this morning.

Barclays has written down the value of its stake in asset manager BlackRock after a sharp fall in the US firm's share price.

UK banking stocks drove this morning's FTSE 100 rally, with Barclays, RBS and Lloyds all surging roughly 6% on the news a eurozone debt deal has been reached.