Barclays Share Discussion Threads

[sue999] 22/2/2017 13:31

LONDON (Alliance News) - Barclays PLC has reached an agreement with its African subsidiary over the terms of their separation, reported the Financial Times on Wednesday.

PRESS: Barclays Agrees Separation Terms With Africa Unit - FT

The newspaper cited two people briefed on the matter, who said Barclays and the African unit are awaiting approval for the agreement from local regulators. The deal is necessary before Barclays can sell further tranches of the business, in which it currently has a holding of just over 50%.

The deal will involve a break fee paid by Barclays to end the master services agreement between the two, along with a transitional services agreement. Analysts have estimated the deal could eventually cost Barclays as much as GBP1.00 billion, according to the FT.

The FT said it is unclear whether Barclays will include the cost of the deal in its full-year results on Thursday.

Shares in Barclays were down 0.5% at 234.75 pence Wednesday afternoon.

[smartypants] 22/2/2017 12:28

bernie37.. what explanation do you require ?

[portside1] 22/2/2017 12:18

he spoke on cnbc news and is up beat statement made me add more
would not of thought he would tell lies so looing forward to good results

[portside1] 22/2/2017 12:18

he spoke on cnbc news and is up beat statement made me add more
would not of thought he would tell lies so looing forward to good results

[micronesiac] 22/2/2017 12:16

I suppose Staley was a good find - though tomorrow will provide more insight into his tenure. He's been lucky too - focusing on a transatlantic bank with Trumps win giving that strategy a megaboost

[diku] 22/2/2017 12:00

Some of these guys are one time wonders....what they did in the past is no guide to guaranteed future performance....but they are classed as masters of universe...

[micronesiac] 22/2/2017 11:51

Mack the knife needs to go. He's failed more than Jenkins.

[diku] 22/2/2017 11:46

Didn't Jack the knife say he was going double the share price when it was trading around 250p?...has that deadline passed or are we close by?...

[portside1] 22/2/2017 11:42

Reducing the dividend took many investors by surprise, and Staley said the bank will get back to paying out a “significant” percentage of profits in 2018.
“We are acutely aware of our shareholders being tired at the time it’s taken to restructure Barclays,” Staley, 59, said in a meeting with reporters. “Holding the dividend back was not taken lightly; it’s because we have to end the restructuring. It’s critically important to our shareholders, it’s critically important if we are going to get our stock above book value.”

[portside1] 22/2/2017 11:36

their is now only 10 months left of jes two years .

[portside1] 22/2/2017 11:35

do not like the no leaks. companies always leak good news

[portside1] 22/2/2017 11:32

DIKU I am going to believe what jes said a couple of weeks bac he said on tv barcs is in great shape ,if it is not correct then get to the agm

[diku] 22/2/2017 11:15

porty..have lost count of how many times Barc has failed the intraday 240p level...

[portside1] 22/2/2017 10:57

will the half a billion saved put on the profit sheet to look even better

[sue999] 22/2/2017 10:53

Lloyds Actual EPS = 2.9p current price 69 p : P/E = 24.7
Barc forecast EPS = 13 p using P/E = 24.7 we should be 321 p if all goes well !!

[portside1] 22/2/2017 10:48

reading all the info of the last 12 months . barcs has saved 597000 in divs not one penny of this money as been used to sell off non core ,
bonuses have been paid out ,

non core reduction seems to have stopped a part from small bits costing nothing

the question is what is going to happen to the next saving of 597000 that' will be 1 billion .

do not like the trading over the last week

[bernie37] 22/2/2017 10:47

Smartypants, explain?

[alphorn] 22/2/2017 10:24

What will the results have to say - how much will they book as 'conduct charges' per the Lloyds invented terminology?

.......not long to wait!

(long Barclays).

[r ball] 22/2/2017 09:39

Oml weak too.

[micronesiac] 22/2/2017 09:34

Don't think there's a leak. Shares down across all financials.

[portside1] 22/2/2017 09:29

has some thing leaked it looks that way

[smartypants] 22/2/2017 09:24

oh my...fat fingers ??

[diku] 22/2/2017 09:07

Or even 14 mins...

[nicksoj] 22/2/2017 09:06

On results day...