Barclays Share Discussion Threads

[portside1] 10/7/2017 12:08

What are the legal implications of lying to a select committee?
Imprisonment or a substantial fine could theoretically be imposed as a punishment by parliament on anyone who told lies in evidence to a select committee. Misleading MPs is deemed to amount to a "contempt of the house" in the same way that refusing to answer a summons to appear before a committee is reported to the Commons. The offender would be summoned to the bar of the house.

so why are certain people not been charged it makes a mockery of tax payers money it appears if you are rich or worked for gov you a above the uk law

[portside1] 10/7/2017 08:08

Big Sofa appoints strategic advisers
Big Sofa has announced the appointments of former Unilever director Ralph Kugler and market research expert Simon Chadwick, as strategic advisers to the board

[alphorn] 06/7/2017 14:07

He is there now!

[johnwise] 06/7/2017 13:48

Trump to Visit Poland Before France, UK, Germany

Video

[smartypants] 06/7/2017 10:50

The short version:
Macquarie stayed at 'underperform' on shares of Barclays ahead of the lender's second quarter numbers due on 28 July, telling clients that management's front-loading of expenses - particularly those related to ring-fencing its UK bank - was set to combine with softer revenues at its investment banking arm during the second quarter, weighing on its return on capital.
Macquarie trimmed its target price from 185.0p to 180.0p.

[sirhedgealot] 06/7/2017 08:10

Just all the misseling and people I met

[johnwise] 06/7/2017 07:29

Barclays Plc Chairman John McFarlane said he’s confident much of the trading, clearing and fund-management activity involving the euro will remain centered in London, countering dire predictions of a mass exodus of bankers from Britain after Brexit.

[johnwise] 06/7/2017 07:28

Keep the EU printing press rolling

"Italy has a debt to GDP of 140% - and that's not counting all the off balance sheet liabilities like bailing out its banks - the EU as a whole has debt/GDP ratio around 90% "

ITALY’S failing Monte dei Paschi bank has been granted a whopping £4.7billion bailout from the European Union in the biggest handout since the financial crisis

[diku] 05/7/2017 23:27

porty..you doing nightshift?...

[bernie37] 05/7/2017 18:49

One of the equity market's hottest industries isn't feeling the love from Wall Street.
Bank stocks, which have surged an S&P 500-best 32% since the presidential election, are seeing a disproportionately low number of buy ratings from research analysts.
Only about 35% of bank stocks have a buy rating, while similarly outperforming areas like semiconductor and software companies are seeing roughly 60% of stocks get a bullish nod from analysts, according to data compiled by Strategas Research Partners.
Buy ratings on bank stocks are particularly scarce when you consider all the elements working in the sector's favor going forward. As the group most sensitive to bond yields, banks are best-positioned to benefit from any interest rate hikes implemented by the Federal Reserve.
Bank stocks are also seen benefiting from the looser regulatory environment that's been proposed by President Donald Trump. In a recent client note, Goldman Sachs banks analyst Richard Ramsden forecasted that potential deregulation of the financial industry could "increase returns to shareholders and boost bank EPS by 11%."
Further, with bank earnings season set to kick off on Friday, the group could get a boost from profit growth that's expected to be among the best in the S&P 500. Banks will expand earnings by 7.2% in the period, better than any group outside of tech and energy, according to forecasts compiled by Bloomberg.
The skepticism being expressed by Wall Street analysts is also surprising when you look at how well financial firms have done across the board over the past month.
An equal-weighted gauge of financial stocks has climbed 5.9% since June 7, the best out of the 10 main S&P 500 industries by two full percentage points, Strategas data show.
On the other side of the ledger is the tech sector, which, when stripped of the market cap weighting that favors juggernauts like Apple and Amazon, has slipped 4% over the same period - underperformance that analysts appear willing to forgive.
But investors need not sit by idly. According to Strategas, the best way to play financial stocks right now is to take advantage of their underratedness and buy on weakness. Maybe then Wall Street will give credit where it's due.

[johnwise] 05/7/2017 14:45

Barclays PLC 22.8% Potential Upside Indicated by Credit Suisse


Barclays PLC using EPIC/TICKER code (LON:BARC) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OUTPERFORM’ today by analysts at Credit Suisse. Barclays PLC are listed in the Financials sector within UK Main Market. Credit Suisse have set a target price of 250 GBX on its stock.

[diku] 05/7/2017 14:19

LLoy is there?....Why you hate the bank so much?...

[sirhedgealot] 05/7/2017 12:47

I short this purely because I dislike the bank. Why can't we have a u.k Wells Fargo.

[portside1] 05/7/2017 11:18

how can the SFO CHARGE ANY ONE WHEN THEY AREE TO SCARED TO CHARGE THE REAL CRIMINALS AT THE BOE /GOV
HOW CAN THEY BE INCHARGE IF THEY ARE TO SCARED TO CHARGE THE REAL CRIMINALS

[smurfy2001] 05/7/2017 10:21

Pretty sure there was a Panorama before about this that's why l ask?

[portside1] 05/7/2017 10:00

how can it be old news when the sfo have been told to drop charges by the gov
because of the Lloyds case coming up in oct to stop the case winning ,
the boe are guilty , all the evidence is their plain and simple

[smurfy2001] 05/7/2017 09:41

portside1 - Isn't this old news?

[portside1] 05/7/2017 09:39

the case against barcs could back fire big time about all the corruption in gov and fca it will open up the cesspit of the uk to the world and make the uk a country to avoid

[alphorn] 05/7/2017 09:20

#617 is an interesting read.

[portside1] 05/7/2017 08:40

if the boe are found to be not guilty then no one can be guilty

its all political the SFO ARE FAILING TO PURSUE THE BOE

TAKING BARCS TO COURT , THEN VERY THING MUST COME OUT ABOUT THE GOV SFO FCA CORUPTION

[portside1] 05/7/2017 08:36

A secret recording that implicates the Bank of England (BoE) in Libor rigging has been uncovered by the current affairs programme, BBC Panorama.
Libor (London Interbank Offered Rate) is used by banks to set prices of financial products. Last year, several ex-Barclays workers were found guilty of manipulating the Libor interest rate between 2005 and 2007. According to the BBC, which was present at the trial, the jury heard the ability to organise even minor movements in the rate had the potential to generate large profits for a trader.
In this latest episode of the long-running Libor saga, the BBC says the 2008 recording “adds to evidence the central bank repeatedly pressured commercial banks during the financial crisis to push their Libor rates down”. BoE says Libor was not regulated in the UK at the time.
The recording calls into question evidence given in 2012 to the UK’s Treasury select committee (which examines the expenditure, administration and policy of its agencies, including BoE) by former Barclays boss Bob Diamond and Paul Tucker, who went on to become BoE deputy governor.
In the recording, a senior Barclays manager, Mark Dearlove, instructs Libor submitter Peter Johnson, to lower his Libor rates – citing pressure from the UK government and BoE. the gov have stopped the SFO FROM CHARGING THE BOE
THE BOE ARE GUILTY OF CRIMINAL ACTS THEY ALSO BROKE THE RULES BY NOT INFOMING THE MARKET ON HBOS , THEY ARE COVERING UP THE CRIMINAL ACTS YET CHARGING OTHERS

[jordaggy] 05/7/2017 06:01

What a basket case...