Barclays PLC

British businesswoman Amanda Staveley has lost a long and bitter London court battle against Barclays over whether she is owed damages after alleging she was deceived while negotiating a financial lifeline for the bank in 2008.

HSBC and Barclays , which have pledged to stop financing new coal projects, have been challenged by a legal group over a Japanese bond it says will contribute to the financing of coal-fired power in Vietnam.

* Shares fall up to 5% on muted outlook (Adds details, updates shares)

Barclays' annual profit in 2020 fell by half, the bank reported on Thursday, much less than feared as a strong performance by its investment bank offset provisions against bad loans from the economic fallout of the COVID-19 pandemic.

* Virgin Money jumps on higher customers; increases provisions

Two former Barclays bankers, jailed in Britain for conspiring to rig Euribor interest rates, have lost an attempt to overturn their convictions because of alleged juror bias and errors by the trial judge, the Serious Fraud Office said on Wednesday.

Barclays Plc on Tuesday promoted 84 employees to the role of managing directors in corporate and investment banking, of which about 27% were women.

European stocks rose on Friday, boosted by positive earnings updates from Barclays and a surge in Airbus, but nagging worries about the economic impact of surging COVID-19 cases saw markets post their biggest weekly decline in a month.

Barclays on Friday reported stronger than expected third-quarter results thanks to a return to profit for the bank's consumer businesses and Chief Executive Jes Staley said he aimed to stay on for two more years.

European stocks inched higher on Friday, boosted by positive earnings updates from Barclays and carmakers, while nagging concerns about the economic impact of surging COVID-19 cases put markets on course for weekly losses.

Barclays reported much better than expected third quarter earnings on Friday, as its consumer businesses swung back to profit and provisions against bad loans fell compared with the previous quarter.

The bosses of European banks Barclays and Santander have called on regulators to allow lenders to restart payouts to shareholders after blocking them due to the COVID-19 pandemic, saying they boost confidence in the broader economy.

* Staveley's PCP reduces maximum damages claim to 836 mln stg

Barclays plans to enter four new European private banking markets in 2021, its regional manager for the business told Reuters.

UK Finance, a banking industry body, said on Tuesday David Postings has been appointed as its new chief executive.

Goldman Sachs Group Inc is buying General Motors Co's credit card business for about $2.5 billion, the Wall Street Journal reported on Thursday, citing people familiar with the matter.

Barclays has written to Barclaycard holders to warn them their accounts will be closed on November 16 if their card is not linked to a UK address, as British banks continue to grapple with how to service expat customers after Brexit.

* Government reverses 'back to workplace' stance of recent weeks (Adds Goldman Sachs)

Around 1,000 Barclays staff who had returned to office-based working in recent weeks will revert to working from home following guidance from Britain's government on Tuesday.