Barclays Share Discussion Threads

[portside1] 28/7/2015 09:00

CLOSING BRANCHES IS THE ROAD TO RUIN .

customers like to deal with people not a bloody machine .

[portside1] 28/7/2015 08:50

astol. Jenkins did nothing only milk the company for if pals .
I posted many times he was a failure for holders ,
and also said he would be gone after 3 years .

[astol] 28/7/2015 08:43

potside1-Jenkins wasn't a total dud-his background was retail banking as opposed to Investment banking and see that McFarlane will not just make things happen but make them happen quickly-this is why the share price has risen since axing Jenkins-also these CEO's have clauses in their contracts and packages in the event of being dismissed-trust that answers your query.Basically he would have been paid off to go quietly

[portside1] 28/7/2015 08:36

POSTERS ON HERE . for over 2 years I posted we must get rid of Jenkins the liar and posters said he was doing a great job .well I was correct the man was
a dud . from my info barcs will now be a better run bank .
the big question is why are they paying Jenkins for failure and lies

[kenbachelor] 28/7/2015 08:35

Blackberry - If you post a link, please try using hTTp instead of http. It might provide a link that works. You could even test it by editing your earlier post.

[astol] 28/7/2015 08:26

nice bounce today ahead of results!!!! :-)

[astol] 28/7/2015 07:57

triktrak-ta for the positive post that's exactly where I sit in terms of what I expect from McFarlane's strategy and statement with the results tomorrow

[blackberry122] 28/7/2015 07:49

this is concensus from the barc website and what they have to beat for the qtr results



Barclays Group Q2 2015 Adj. Consensus (£m)
Total income net of insurance claims 6,371
Impairment charges (540)
Net operating income 5,831
Operating expenses excl costs to achieve Transform and UK Bank Levy
(3,916)
Costs to achieve Transform1 (178)
UK bank levy 0
Total operating expenses (4,094)
Adjusted profit before tax 1,747
Adjusted profit before tax excluding costs to achieve Transform 1,924
Adjusted attributable profit
937
Group adjusted basic EPS (p) 5.9
DPS (p) 1.0
CRD IV FL Common Equity Tier 1 ratio (%) 10.8

[johnwise] 28/7/2015 07:29

Merrill Grabs Another Barclays Wealth Team

Advisers Peter Kong and John Shaw joined Merrill’s ultra-high-net-worth team in San Francisco

[johnwise] 28/7/2015 07:23

Barclays 'may have to raise £5bn to keep up with rivals'

"Bernstein is right! The last Rights Issue simply paid for huge bonuses and rewards for failure and misconduct fines! I actually said so in 2013 and predicted that the "wolves" would be back for more shareholder blood!"

[dr biotech] 27/7/2015 16:37

A less than positive outlook on Barclays. Still only a couple of days for the next update.

[astol] 27/7/2015 10:54

Investec predictions will have little impact on the share price imo-it will be all about McFarlane's forward looking strategy plans/statement on 29 July.See a 10p increase on the share price to 290p with clarity on his plans for the bank going forward.

[mbmiah] 27/7/2015 10:37

Recovering nicely - or is a gap being filled....anybody?

[astol] 27/7/2015 07:46

triktrak has posted the article above-this was from the Sunday Times hard copy newspaper.

[johnwise] 27/7/2015 07:12

Investec analyst Ian Gordon predicts Barclays will report revenues down 9 per cent to £1.96bilion. Rivals RBS and Lloyds will report results later in the week.

[smurfy2001] 26/7/2015 21:08

portside1,

Don't see anything in The Time online, maybe post of a link or short snippet of text?

[triktrak] 26/7/2015 17:36

Barclays boss John McFarlane to unveil aggressive cost cuts

New Barclays boss John McFarlane will set out ambitious plans this week to cut costs, reshape its investment bank and speed up the sale of surplus assets, including retail operations in Italy and Portugal.

Mr McFarlane, who earlier this month took over as executive chairman after the sacking of chief executive Antony Jenkins, is not expected to set out targets for job cuts, however.

Instead, he is likely to say that the bank should make sure it reduces its “cost-to-income” ratio — a key measure of bank performance that is closely watched by shareholders.

In recent years, Barclays has had a cost-to-income ratio greater than 60. Mr McFarlane is expected to say he wants to cut it sharply, though again he will decline to give a specific target.

He is expected, however, to outline plans to reshape the investment bank to focus on profitable operations in London and New York, and to shrink Barclays’ fixed-income trading operations.

Full article:

[valedo] 26/7/2015 16:54

Methinks portside is getting commission from the times for directing readers

[portside1] 26/7/2015 16:23

Read the times online it looks good for holders

[astol] 26/7/2015 15:19

portside1-can you shed some light on the article ie what is looking good?the expected results?McFarlane's strategy/plans??

[portside1] 26/7/2015 15:08

Read the times to day looking very good for holders

[johnwise] 26/7/2015 04:53

JEFF PRESTRIDGE: The future of banks, an open and shut case

As things stand, I see little changing. Metro – and other challenger banks – will continue to prosper while Barclays will haemorrhage customers. Indeed, the latest official current account switching figures confirm just that with Barclays leaking more customers than any of its rivals.

Maybe Barclays’ current fractured management is content with this sorry state of affairs as it seeks to improve profits. If so, it has lost the plot. A bank will not survive forever if it loses the trust of many of its customers.
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