Barclays Share Discussion Threads

[demo trader] 08/7/2015 07:26

INITIAL call is up 2%

[druid2] 08/7/2015 07:16

portside1 will be pleased. LOL.

[blackberry122] 08/7/2015 07:12

just heard, fallen out with the board about the size of the investment bank

[demo trader] 08/7/2015 07:10

Antony Jenkins to leave (sacked?)

[astol] 07/7/2015 20:40

BRUSSELS--Greek Prime Minister Alexis Tsipras has proposed an interim financing until the end of July from the embattled country's European creditors in exchange for some overhauls being demanded from Greece's parliament, a senior government official said Tuesday.
The proposal was raised during Mr. Tsipras's meeting on Tuesday with German Chancellor Angela Merkel, French President Francois Hollande and head of the European Commission Jean-Claude Juncker. The issue will be discussed at the summit of eurozone leaders in Brussels, the official said.
Greece is hoping that the summit will give the political nudge toward the direction that would allow the European Central Bank to approve much-needed financial aid.
"In return, Greece will pass some of the overhauls demanded by the country's international creditors from the Greek parliament, the official said. "This doesn't mean that we are not open to other short-term proposals, so that within that time period, we can prepare a big viable solution," the official said.

[milliecusto] 07/7/2015 20:33

May be suckers rally,one whiff of bad news and you ll be in trouble

[blackberry122] 07/7/2015 20:32

the adr is rising like a bloody chimney, what's going on?

[werty5] 07/7/2015 19:23

The whole Euro experiment in my opinion has always been deeply flawed trying to crowbar basket case economies like Greece, Italy and Spain with a powerhouse economy like Germany was always going to be beset by problem. Unfortunately it is not just the issue of the vastly differing economies it is also the fact that rules are created by the EU then swiftly broken to suit themselves which makes you think why have the rules in the first place. Some may argue that Goldman Sachs had a hand in cooking the books and getting the green light lit for Greece to enter the Euro but anyone who thinks nobody in the EU knew that Greece should never have been allowed in is either very gullible or stupid.Now the Greek PM has not come fourth with a new plan this also in my opinion does not bode well for Greece or its populace it looks very much like he is making things up as he goes along and really has no viable plan I think he has sold the people of Greece a complete pup and unless more rules are now bent and broken a Grexit is inevitable.The problem for us PI's is the market hates uncertainty and until the issue is resolved one way or another the market will drift and it will cost us money.

[informant] 07/7/2015 18:11

Tippy is long losing his peanuts

[informant] 07/7/2015 18:11

Tipjunkie dont see you giving tips before they happen you dull stupid nob

[blackberry122] 07/7/2015 16:51

closed right on the bottom upward slope. I think around here is a good entry, although it could test the 200 ma at 247.

results look like they are going to be ok by all accounts, or at least no major surprises to the down side. So if we see any semblance of an end to the Greek cisis barc could be jumping back up to pass the last recent high of 276.

[dr biotech] 07/7/2015 16:18

Question is where will the FTSE drop too. I get the feeling that the Greek Tragedy has a few more chapters left in it. Hopefully it will provide a buying opportunity, though timing may be hard. Whilst I don't know what the answer is to Greece, dithering is not the best option.

[informant] 07/7/2015 15:37

What did I say. I predicted it before it happened

[informant] 07/7/2015 14:35

250 coming. Get the Shorts open

[johnwise] 07/7/2015 14:17

Hackers targeting users of Barclays, Royal Bank of Scotland, HSBC, Lloyds Bank and Santander

19,000 malicious emails have been sent in three days from spam servers worldwide, inviting users to download an archive containing a malicious .exe file.
More

[davew28] 07/7/2015 12:00

Progress at the IB?

hxxp://www.thetimes.co.uk/tto/business/article4489371.ece

Barclays’ case for investment

Analysis Katherine Griffiths Banking Editor
Published at 12:01AM, July 7 2015

Barclays is preparing to mount a defence of its investment bank as the division appears to have turned a corner and is set to report stronger-than-expected interim results this month.

Confidence is growing among Barclays’ senior management that the investment bank is back on track after being subjected to cost-cutting and performance targets in May last year, although analysts are sceptical that enough has been done. Sources said that the investment bank, which has been a consistent headache to Barclays, was beginning to justify its presence within the group.

The shift comes after Tom King, the New York-based boss of the investment bank, survived a grilling by John McFarlane, Barclays’ chairman, last month.

In an internal memo to senior management after the event, Antony Jenkins, the chief executive, said: “The board agreed the investment bank was making very good progress in challenging regulatory and market conditions . . . and the board fully endorsed Tom’s and his team’s plan to extend the strategic principles we set out last year, focusing on our areas of strength and managing our returns.”

However, the division has some way to go to demonstrate that it can compete with its rivals. Its return on equity last year was 2.8 per cent, compared with an average of 7.4 per cent for its peers in the United States.

Decent results in the first quarter are believed to have been followed by a similar performance in the second quarter. Barclays will report results on July 29.

Although Barclays may believe that it is on the right track, investors are likely to want more progress.

One shareholder said: “The investment bank has a long way to go. It is not good enough. It needs to meet a higher hurdle than other parts of the bank because of its riskiness and it has to demonstrate it can do it through the cycle.”

[informant] 07/7/2015 10:36

Tipjunkie- don't worry my HELMSMAN has that covered

[tipjunkie] 07/7/2015 10:21

I know a good salvage company if your skiff is stranded on a sandbank - reasonable fees

[informant] 07/7/2015 10:18

This is going up and down more than the girls draws on my yacht.

[portside1] 07/7/2015 10:02

back to barcs when is the chairman going to make decision already taken over 2m in pay and still not spoken .
the lady on CNBC SAID HE WAS NOT THAT GOOD WELL SO FAR SHE IS CORRECT
HE IS A USER NOT THAT BRIGHT . HER WORDS NOT MINE

[informant] 07/7/2015 10:02

I have a nice house there

[informant] 07/7/2015 10:01

No it's docked in sandbanks

[portside1] 07/7/2015 10:00

informant is it docked in the Bristol canal