Barclays Share Discussion Threads

[bernie37] 11/12/2017 16:13

In my opinion, Barclays has a bright future. The company has spent some time restructuring its business, with the recent sale of its stake in Barclays Africa being an example. Now that its restructuring is largely complete, the company seems to have significant scope to expand its profitability. With double digit EPS growth forecast in each of the next two years, Barclays is one of my favourite banking stocks.

[johnwise] 11/12/2017 12:12

British spy agency tests Bitcoin risks

Chris Ensor, the deputy director for cyber skills and growth at the National Cyber Security Centre, an arm of GCHQ, told The Telegraph it is investigating potential security risks on behalf of for Government departments.

[bernie37] 11/12/2017 09:53

British blue-chip stocks rose Monday, outperforming other major European benchmarks as the pound remained under pressure.

London’s leading stock benchmark, the FTSE 100, was trading at around two-week highs as bank shares bulked up.

How markets are moving: The FTSE 100 index UKX, +0.60% moved 0.6% higher to 7,438.83, led by the financial and consumer goods sectors. On Friday, the benchmark jumped 1%, logging its biggest gain since Nov. 28, according to FactSet data. For the whole of last week, the FTSE 100 moved up 1.3%.

The pound GBPUSD, -0.0747% bought $1.3373, down from $1.3384 in New York late Friday. During that session, the U.K. currency lost the $1.35 handle.

Against the euro, sterling GBPEUR, -0.3166% on Monday fetched €1.1375, compared with €1.1368 on Friday.

As for U.K. bonds, the 10-year gilt yield TMBMKGB-10Y, -3.44% fell 2 basis points to 1.254%, according to Tradeweb. Yields fall when prices rise.

What’s moving markets: The pound was extending its losses made Friday. Analysts have attributed the fall in sterling to expectations that the U.K. government will make progress on its Brexit proposals ahead of the meeting of European Union leaders on Thursday and Friday.

A drop in sterling typically bolsters shares of multinational companies that make most of their earnings overseas. A weak pound can boost profits once they are converted from other currencies into sterling.

Traders are also looking ahead to monetary policy updates from central banks later in the week, with releases due from the Bank of England and the European Central Bank on Thursday. Before that, the U.S. Federal Reserve will make its announcement on Wednesday, with an interest rate increase of a quarter of a percentage point expected.

The U.S. move is seen as giving a boost to bank stocks. The “likes of HSBC [are] already welcoming Wednesday’s Fed rate hike, which may help sector peers,” said analysts at Accendo Markets.

What strategists are saying: “Investors seem reluctant to buy sterling as they view the next phase [of Brexit talks as] more complicated than the first,” said Hussein Sayed, chief market strategist at FXTM, in a note. “I don’t think the EU summit ... will reveal much, but blessings from EU leaders might lend some support to the pound.”

Banks gain: In the bank group, HSBC Holdings PLC HSBA, +1.91% HSBC, +1.13% rose 1.8%, Lloyds Banking Group PLC LLOY, +1.27% LYG, +3.13% added 0.7%, and Standard Chartered PLC STAN, +1.46% gained 1.9%. Barclays PLC BARC, +0.87% BCS, +2.24% picked up 0.3%, but Royal Bank of Scotland Group PLC RBS, +0.50% RBS, +2.00% was fractionally lower.

Bank stocks jumped Friday after a long-awaited agreement on banking rules by global finance officials highlighted that most lenders hold a sufficient amount of capital.

HSBC may also be coming in for extra attention after the bank said Monday that its deferred prosecution agreement with the U.S. Department of Justice has expired, and that the Justice Department will file a motion with the U.S. District Court seeking dismissal of the charges deferred by the agreement.

Stock movers: BAE Systems PLC BA., +0.63% picked up 1% after the defense contractor signed a deal valued around £5 billion ($6.68 billion) to supply 24 Typhoon aircraft to the Qatari Emiri Air Force. Delivery is expected to start in late 2022.

[portside1] 11/12/2017 08:23

voting for women will destroy the uk

[portside1] 11/12/2017 08:22

do not forget london is not the uk it is another country , the mps over the last 30 years have been useless , the uk is now a cesspit of corruption just look at these mps from all parties .

starting with blair
kinnocka
mandleson
Heseltine
Clarke

and another 600 all they for their ends not the uk
with all these women in gov what do you think would happen if the uk was attacked

[johnwise] 10/12/2017 21:10

London Mayor Sadiq Khan is proud to announce new UK branches of Habib Bank ?

[diku] 10/12/2017 19:52

porty..what happened to the doubling of the share price...isn't that what Chairman said?...

[exel] 10/12/2017 19:19

Thanks bernie37 for you content-rich post. Great read!

[portside1] 10/12/2017 10:45

TWO MONTHS AGO I SPOKE TO BARCS ABOUT THE DOJ
they said a settlement was near still no news
our chairman spends very little time working for is pay he is to busy in is other rolls .

in fact we do not have a CHAIRMAN .REMEMBER IS ONE AND ONLY STATREMENT ABOUT THE SP
AND SILENCE NOW FOR 3 YEARS , MC LIAR IS GOING

[johnwise] 09/12/2017 13:23

Video
FULL SPEECH: President Donald Trump at MASSIVE Rally in Pensacola,

[portside1] 08/12/2017 17:36

if you read the statement it says we will reduce bonuses for some but others might get more its all spin by jes , and he as very little time left to produce the goods
remember MC I will double the share share price well its down almost 100p since he took the wheel . and now about to resign

[bernie37] 08/12/2017 17:32

The bank has reduced the amount set aside for bonuses in the third quarter of the year by 25%. Bankers receive their payouts after the full year.

[bernie37] 08/12/2017 17:30

Staley told investors the bank’s dividend would be reviewed with the full-year results in February. He cut the payout to investors for two years while he implemented his restructuring plan to sell off its African arm and its retail banking outside the UK, which has led to a 60,000-strong fall in headcount during his tenure.

[bernie37] 08/12/2017 17:27

On his first day at Barclays, Staley bought 2.8m shares at 233p each. Just before he was recruited, the bank’s chairman, John McFarlane, had pledged to double the share price when it was trading at 260p.

[david90] 08/12/2017 17:14

All that hot air to wade through and no one has mentioned the share price rise today

[johnwise] 08/12/2017 16:51

Did anyone really expect any different from May? She has tried every trick in the book to thwart Leaving the EU, and finally at last she has had to show her hand. "TOTAL CAPITULATION".

Theresa May is under fire today after agreeing that EU judges will have powers to rule on citizens' rights for eight years after Brexit.

Read more:

[portside1] 08/12/2017 16:00

NEWS uk to get millions of more migrants they are going to over run the uk


hope you are happy

[portside1] 08/12/2017 15:48

so we now know MAY is a very dishonest woman who has lied to the voters

it will cost the party the next election we at the club will now get rid of our con mp we may as well not have a mp its pointless to vote again

THE BREXIT deal is a stitch up , we are not leaving we are just going to be a country of nothings

MAY YOU ARE A DISGUSTING PERSON

WE WILL NOW RESIGN FROM THE PARTY NO MORE DONATIONS

[portside1] 08/12/2017 14:20

JUST FOR SPOOL WHO WANTS TO POST ABOUT BARCS BUT WE HAVE NO GOOD NEWS TO POST OF THE SILENT OR DEAD CEO/CHAIRMAN

[portside1] 08/12/2017 14:18

BARCS AS A DIRTY NAME DOWN TO OUR ROTTEN DIRECTOS WHO APPEAR JUST TO BE CROOKS AND LIARS , BUT WE NOW KNOW MC IS GOING TO RESIGN BEFORE NEXT AGM

[portside1] 08/12/2017 14:17

SILENT BUT MILKING THE COMPANY ITS TIME HE WAS SACKED AS A DISHONEST PERSON

[clond] 08/12/2017 13:50

Every time he makes a statement it costs the share price 10-20p losses. For this reason he has decided to remain silent.