Barclays Share Discussion Threads

[sidarthur2] 27/10/2016 09:32

has the divi been maintained?
tia

[kcsham] 27/10/2016 09:25

Qantas,Hope you will apologise for you mistake if you are decent enough!

[kcsham] 27/10/2016 09:21

Qantas, what stupid comment you have made. Check the latest Advfn news before you open your foul mouth!

[diku] 27/10/2016 09:03

Just too many charges here, there & every where....150mln charge to shut down international office space!....Bob the Diamond laughing all the way to his bank....bet the loose change is ending up behind one big sofa!!....

[qantas] 27/10/2016 08:56

kc sham what a sham fake you are so sorry for you..

[kcsham] 27/10/2016 08:52

27/10/2016 8:20amDow Jones NewsLONDON-Barclays PLC said Thursday that third-quarter net profit inched down, as it put aside funds to cover bad debts and an ongoing restructuring plan.The British bank said revenue in the third quarter was £ 5.5 billion ($6.72 billion), broadly flat compared with the year earlier. Net profit came to £ 414 million in the quarter, down from £ 417 million the year before.Barclays said it remained on track to shut down its non-core unit in 2017. "The growing momentum in attaining our strategic goals means we can feel optimistic of our prospects of completing the restructuring of Barclays," Chief Executive Jes Staley said.The bank took a one-off £ 320 million charge after changing the way it models its credit card impairments. It also put aside £ 600 million to compensate customers who were sold insurance products they didn't need. It also took a £ 150 million charge to shut down some international office space.Over the last few months the bank has pushed ahead with shrinking its global footprint, exiting businesses ranging from Egypt to Italy. The cost of shuttering businesses also weighed on the bank's bottom line.Write to Max Colchester at [e-mail](END) Dow Jones Newswires

[qantas] 27/10/2016 08:51

Remember he did get a major job that perhaps you may only dream of getting.

[portside1] 27/10/2016 08:49

listening to him did we have good results or bad ,
can this man speak English, it seemed he did not know what he was saying

[qantas] 27/10/2016 08:48

portside would like to see you speak lol

[kcsham] 27/10/2016 08:48

I want my stock go up but it is now!

[portside1] 27/10/2016 08:46

poor speech by a poor ceo

[dr biotech] 27/10/2016 07:56

Deutsche bank also surprised with a profit today, may also lift some of the systemic worries about the banking system.

[druid2] 27/10/2016 07:35

Our strategy is on track with good progress year to date



* Core returns: * Core business performed well, with a 4% growth in
profit before tax to GBP4,898m delivering a Core
return on tangible equity (RoTE) excluding notable
items(1) of 10.7%
------------------------------------------------------- -------------------------------------------------------------

* Non-Core rundown: * Remain on track to close Non-Core in 2017 with strong
progress on business disposals


* GBP10bn reduction in RWAs to GBP44bn, despite adverse
Foreign Exchange (FX) movements


* Completed sale of the Barclays Risk Analytics and
Index Solutions Ltd. business in Q316, resulting in a
pre-tax gain of GBP535m
------------------------------------------------------- -------------------------------------------------------------

* Common Equity Tier 1 (CET1) ratio: * CET1 ratio of 11.6% with strong organic capital
growth offset by headwinds from the UK Retirement
Fund (UKRF) defined benefit pension deficit and
GBP1,000m of provisions for UK customer redress in
the nine months to September 2016


* On track to meet end-state capital requirements
------------------------------------------------------- -------------------------------------------------------------

* Core costs: * On track to meet the GBP12.8bn 2016 Core cost
guidance(2) adjusted for FX. Based on an average
USD/GBP exchange rate of 1.30 for H216 this equates
to GBP13.0bn


* We are reducing the real estate footprint resulting
in restructuring costs in Barclays International of
GBP150m in Q316 with a structurally lower cost base
going forward
------------------------------------------------------- -------------------------------------------------------------

* Barclays Africa Group Limited (BAGL) sell down: * First sale of 12.2% stake completed in May 2016,
resulting in a c.10bps benefit to the CET1 ratio


* Remain on track to achieve regulatory deconsolidation
within 2 to 3 years
------------------------------------------------------- -------------------------------------------------------------

* Holding Company (HoldCo) transition: * Progressed the HoldCo transition with GBP10.9bn
equivalent of issuance and GBP7.4bn equivalent of
Operating Company (OpCo) capital and debt bought back
or redeemed


* Q316 included the redemption of $750m USD preference
shares, the second such redemption in 2016, and a
GBP0.6bn equivalent liability management exercise
------------------------------------------------------- ----

[manics] 27/10/2016 07:11

Barclays reports pretax profit of £837 million, beating estimates; takes £600 million hit for PPI mis-selling

[manics] 27/10/2016 06:46

Barclays Bank ‏@Barclays 16m16 minutes ago
Tune in for #Barclays CEO Jes Staley on @BloombergTV at 07.05am

[nicksoj] 27/10/2016 06:22

Agreed portside. 200 p will be secured.

[bernie37] 26/10/2016 15:44

Just bought 27447

[portside1] 26/10/2016 13:43

GOOD NEWS AT 7AM TOMORROW OVER 200P

[informant100] 26/10/2016 13:40

Hence pound rebounding today

[informant100] 26/10/2016 13:40

Carney hints at end of QE and rate rise. Good man.

hxxp://www.msn.com/en-gb/money/news/carney-sends-pound-rebounding-as-he-says-markets-mistaken-to-be-so-gloomy-on-article-50/ar-AAjo3U2?li=BBoPOOl

[dr biotech] 26/10/2016 10:22

Not saying that immigration is nor a problem, but I doubt leaving the EU is going to make a huge deal of difference given that half is non EU anyway. Have to wait and see how it turns out.

[manics] 26/10/2016 08:09

Showing resilience on LLOY.

[terminated] 26/10/2016 07:57

My brothers wages have been cut 25% over the last few years because Bulgarians come over sleep in a cheap room, do the job for so much less and them send the money home to pay for a £15000 mortgage. He's a humble delivery driver and they are not filling a skills gap just devaluing people pay. House price are also at breaking point. It's all about quality if life and anyone who thinks open door immigration is not detremenral is simply naive.