Barclays Share Discussion Threads

[mercer95] 20/6/2017 15:48

Cheers Johnwise,you never see him on the BBC or SKY, since Charlie hebdo our main stream media are compromised, sorry to say that but I really believe that now.

[haggismchaggis] 20/6/2017 14:54

I can image today's Barclays Emergency Board Meeting, all attendees in unison saying "SF......OH!":-D

[leedskier] 20/6/2017 14:15

The bank should have cut a deal with Amanda Staveley then much of the 'evidence' might not have been gift wrapped for the SFO.

She set-up the deal and then the Bank allegedly failed to pay her the commission she believed she was entitled to, so she began an action in the High Court which set-out all the details..



She is a tough cookie as demonstrated by her successfully taking a Ukrainian billionaire and serial litigator, to the High Court a few years back, for failing to pay up 3 million commission on another deal and it was reported that she was very happy with the settlement reached during that case.

The ME Consortium paid just shy of 30 million in commissions on the Barclays deal, but Barclays apparently not only refused but claimed the relevant emails were unavailable. At a preliminary High Court Hearing earlier this year, they admitted that they were available.

[diku] 20/6/2017 13:16

pal...Barc doesn't need to do that...US bank or a consortium will do it for them via a bid...

[molatovkid] 20/6/2017 12:49

All we need is Citizen Corbyn in power now...he puts Corporation Tax up, and with a vengeful SFO & FCA in place (for now at least) directly going for senior management - all adds up to a pretty unattractive country to make your company home base.

[mercer95] 20/6/2017 10:55

Sir Jes will earn his money with the D0J settlement, one of the reasons he got the job I reckon

[smurfy2001] 20/6/2017 10:37

Shame to hear about the SFO news on this wonderful institution and their honest bankers at the very top. I would suggest an extra bonus all round and the best champagne to pop. To reward our shareholders for being so loyal no further dividend rises for the foreseeable future.

[pal44] 20/6/2017 10:02

Think Barc should say ok we move out of UK ... see how things will change.

[buywell3] 20/6/2017 09:50

Qatar is holding around 6% of BARC

They might soon sell it

With more than£ 1Billion of fines coming down the track and now gaining a reputation with the SFO and FSA plus various USA Authorities , will the queue to buy be a long one ?

[mercer95] 20/6/2017 09:32

That is mad Johnwise, good job they don't run a bank, things are gonna change, people waking up to what's going on

[johnwise] 20/6/2017 08:50

We are dealing with a government that sees nothing wrong with borrowing money with interest from foreigners to give it away for free to foreigners.

[montyhedge] 20/6/2017 08:41

A would of thought a massive massive fine, if they lose.Incredible did not ask the gov for help and getting punished it seems.

[mercer95] 20/6/2017 08:37

Barclays should be celebrated, 300 years trading & still going strong,this SFO case just a hiccup IMO,they need a victory to justify themselves.

[diku] 20/6/2017 08:34

200p sooner or later....just the normal teasing & suckering in process keeping price above 200p...

[manics] 20/6/2017 08:29

Investors in African slave ships hundreds of years ago scratched their heads:

"...but I'm only fulfilling a need. If we don't have cheap labour then the cotton industry will fail"!

Some failed to see the world around them was rightly changing, and they lost fortunes. So the BARC investor base today struggles to see:

Governments (UK, US) -hate it.
The law -hates it.
Regulators -hate it.
A lot of the customer base -hates it.
Joe Public -hates it.

A whole generation is coming up unwilling to do business with brands like Barclays imo. The landscape for BARC has already shifted hugely. BARC is a zombie slave ship sailing rough seas of justice imo, and the rocky shores of judgement beckon.

[blueball] 20/6/2017 08:28

Sell where you can sub 200p soon.

[luisfrg] 20/6/2017 08:12

No new news plus news was in the price already, if anything this should go up as some uncertainty removed!

[deepe] 20/6/2017 08:09

'Unlike the other Banks, Barclays did not go crying to the Government for a Tax payers hand out when it needed cash'

Only because the ABN Amro bid failed.

[manics] 20/6/2017 08:05

...and now we know why. Because it set out to defraud and commit criminal acts as alleged by the Serious Fraud Office.

[johnwise] 20/6/2017 08:03

Unlike the other Banks, Barclays did not go crying to the Government for a Tax payers hand out when it needed cash

[action] 20/6/2017 08:02

Muted reaction

[diku] 20/6/2017 07:57

Where is Bob the Diamond in all this?....what was his salary & bonus?...

[manics] 20/6/2017 07:51

How many bankers of note have gone to prison following the financial crisis? You could count them on one hand.

It is then some indictment of villainy that Barclays should be in the position to multiply that conviction statistic single handedly.

In amongst the incredible global criminality of the financial crisis who was apparently able and willing to turn it up a notch yet higher? -Yep, BARCLAYS (imo).