Judge Overrules Barclays PLC (ADR) (NYSE:BCS) Staff for Anonymity - UBS, ITUB, LYG

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A group of over 100 Barclays PLC (ADR) (NYSE:BCS) employees named in documents associated to the Libor-rigging scandal face being openly recognized following a judge overruled their petition for secrecy.

The Barclays staffs requested for their names to be subject to announcing restrictions before the UK’s first trial associated to the manipulation of the benchmark interest rate.

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Lawyers demonstrating the bank employees argued that naming them could prejudice any future unlawful trial over the scandal.

However, dismissing their request as a red herring, Judge Julian Flaux commented that he simply do not see that there is any satisfactory case of prejudice.

Barclays PLC (ADR) (NYSE:BCS) shares so far in this session lost -0.58% to $18.85 with the Stock being traded within the range of $18.78 – $18.88. In the past year, it has not traded below $9.23 and was unable to surpass $19.32. The current session’s volume of 932,144 shares is down from the average daily trading volume of 2.70 million shares.

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Turning to some other stocks in the same industry, UBS AG, Itau Unibanco Holding and Lloyds Banking Group are in the volume leaders list. Below in this article, we will have a quick look on their Market performance.

So far in the ongoing trade, UBS AG (USA) (NYSE:UBS) shares are down -1.04% to $17.11 while the stock has traded within the range of $17.07– $17.20. In the last 52-week period, shares changed hands between $9.78 and $17.48. The current session’s volume of 955,165 shares is lower than their average daily trading volume of 2.68 million shares.

Will UBS Get Buyers Even After The Recent Rally? Find Out Here

Itau Unibanco Holding SA (ADR) (NYSE:ITUB) shares in the current session moved down -0.51% reaching at $17.64. The stock traded in a range of $17.44 – $17.71. In the last year the stock has moved within a range of $12.84 – $22.00. The current session’s volume of 3.45 million shares is higher from their average daily trading volume of 10.32 million shares.

Has ITUB Found The Bottom and Ready To Move Up? Find Out Here

Another rival company, Lloyds Banking Group PLC (ADR) (NYSE:LYG) is at a discount of -1.46% to $3.37. In today’s trading so far, the stock price was found in a range of $3.36 and $3.39. In the previous 52 weeks the stock’s price ranged between $1.52 and $3.59. The current session’s volume of 640,178 shares was higher from their average daily trading volume of 2.52 million shares.

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