Barclays Share Discussion Threads

[johnwise] 11/5/2018 09:05

Trump: Obama paid for hostages, I don't
Video

[johnwise] 11/5/2018 08:38

Barclays is doubling its Blue Rewards incentive, giving some customers the chance to earn at least £132 in the first 12 months of opening an account.

[ny boy] 11/5/2018 03:42

Chart technicals suggest a breakout is on the way, these have always been a long term hold for me, I see these above 240p going into Q3

[diku] 10/5/2018 22:11

Innovation officer?....these guys get paid top dollar to take eye off the ball!!...comedy act...


We took our eye off the ball," Kirsty Rutter, chief innovation officer of Barclays UK, tells bobsguide in this podcast, "and it was a gift."

Rutter goes on to discuss how the challenger banks spotted the gap in the market, executed excellent customer-centric strategies with fantastic technology.

[bernie37] 10/5/2018 19:26

Not for the first time, Mark Carney’s policy of guiding the markets as to what to expect has backfired.
A month or so ago it looked like a May rate rise was a near-certainty.
The Bank of England had upgraded its growth forecasts and in March two members of the Monetary Policy Committee (MPC) broke ranks and voted for an immediate rate rise. Markets were then pricing in a 90% chance of a rate rise at this month’s policy meeting.
But since then things have changed.
First-quarter economic growth was a disappointing 0.1%, and the Office for National Statistics (ONS) said the bad weather wasn’t to blame. Add in an (un)healthy dose of Brexit uncertainty, and the chance of a rate hike had dwindled to just 8% at the start of this week.
Market reaction muted
As such today’s no-change decision wasn’t a surprise, and barely caused a ripple in the markets.
Sterling lost almost a cent against the dollar, but the real damage had been done in the weeks leading up to today, with the pound almost eight cents weaker than four weeks ago. The FTSE 100 gained a few points on the news.
The minutes were a fairly uninspiring read, with the Bank noting its forecasts hadn’t changed much since they were last updated in February.
Wage growth and domestic cost pressures were only getting gradually stronger, and don’t justify higher interest rates at present. As at its March meeting, just two MPC members voted for a rate rise today.
Where next for interest rates?
Personally I think we might not see a rate rise for the rest of the year. Even if we do, I think rates can only rise slowly, and will peak at much lower levels than in previous economic cycles.
But while savers will be disappointed, it’s pretty good news for investors.
Stock markets don’t tend to like rising interest rates much, so an environment where rates rise only gradually should be supportive for the UK stock market.
We think the UK market looks unloved and undervalued at present. But that doesn’t mean investors can’t still make a loss.

[bernie37] 10/5/2018 16:33

"We took our eye off the ball," Kirsty Rutter, chief innovation officer of Barclays UK, tells bobsguide in this podcast, "and it was a gift."

Rutter goes on to discuss how the challenger banks spotted the gap in the market, executed excellent customer-centric strategies with fantastic technology.

It was a time to dread for the big banks.

As if 2008 hadn't damaged reputation enough, emerging players were evolving their technology and services at an ecstatic pace to drive up the standards of digital banking that customers quickly came ot demand.

But the big banks started to fight back, drawing on their huge resources and setup in-house accelerators to find the next fintech unicorn trained, nurtured and run out in their own academy.

The Rise Accelerator, headed by Rutter, is Barclays' answer to the challengers and their tech, by nurturing and fostering a catalogue of startups, including Flux, Synswap and ShieldPay among others.

Rutter also speaks about what it means to be an innovator, what personality make-up you need to thrive in disruption and how a small Japanese fishing village is now informing Barclays UK innovation strategy.

Listen below (23:30mins)



Retail Banking Systems | Marketing / PR | Data Solutions

[bernie37] 10/5/2018 16:32

hxxp://www.bobsguide.com/guide/news/2018/May/10/barclays-cio-the-perfect-storm-for-disruption/

[bernie37] 10/5/2018 16:24

Activist investor Edward Bramson met with Old Mutual Global Investors last month in a bid to gain support for his plans to shake up Barclays.

According to Financial News, Bramson met the investment manager's chief executive Richard Buxton to try and gain support for his plans.

Bramson has amassed a 5.41 per cent stake in the bank via his investment vehicle Sherbourne.

Read more: Activist investor Bramson ups stake in Barclays

Financial News reports that Bramson and Buxton discussed Bramson's plans to drive changes at Barclays investment bank, which could include as spin-off.

It said the two disagreed on the health and viability of the investment bank and Old Mutual Global Investors regarded a spin-off of the unit as too simplistic.

Old Mutual Global Investors holds a 0.31 per cent stake in Barclays.

Bramson has reportedly met other major shareholders of the bank in recent months in an attempt to get backing for his plans.

Read more: Activist Ed Bramson reportedly approaches investors over Barclays shake-up

He has not made any public comment since the news broke that he had acquired a more than five per cent stake in Barclays, worth more than £2bn.

In turn, Barclays has drawn up contingency plans with its corporate brokers to prepare for Bramson’s next move.

Old Mutual Global Investors declined to comment.

[action] 10/5/2018 16:08

ManicI only mean share prices for both.

[johnwise] 10/5/2018 15:51

Barclays to set up biggest office outside UK in India

Bank is expanding its presence in India with plans for an office for 8,000 staff in Pune.. It will be the bank’s second-biggest office in the world, behind Canary Wharf in London.



India GDP Annual Growth Rate

[manics] 10/5/2018 15:47

ACTION: Barclays has not gone anywhere for 25 years. It has not gone anywhere whilst BT have witnessed fibre optic. It has gone nowhere whilst BT has witnessed mobile data. It has gone nowhere whilst BT has witnessed Champions League. It has gone nowhere whilst BT has witnessed the invention of the smartphone.

I could go on. Nothing has puked like BARC imo it is an international disgrace and embarrassment in terms of the performance yes but also the management, the strategy, the model, the quality of conduct and the outlook.

imo

[action] 10/5/2018 15:39

Two B bothers me . They r not gone any where for over year. BT & BARCLAYS

[johnwise] 10/5/2018 14:32

The only thing that President Obama accomplished was racking up $20 trillion in debt for the USA. More than literally every other president before him combined since George Washington. Meanwhile, literally 18 months into the Trump administration, three hostages are released from North Korea, and Trump is on the verge of solving the North Korean crisis and good for Trump ending this enabling of Iran. Why did Obama give this enemy those huge sums of cash ON THE SLY?

[smurfy2001] 10/5/2018 13:29

Well blame Carney because no rate rise means bank share price are not going up anytime soon.

[manics] 10/5/2018 13:28

That Iran timeline reminds me of portside1's BARC 300p.

[mashraf] 10/5/2018 13:27

Trump's pulling out of "US-Iran Deal"l has dealt severe blow to United States credibility as a great power. No Great Power in history has gone back on its treaties in such shameless manner. Perhaps, "Rise of Trump" marks the beginning of the end of United States as "Great Power"

[mashraf] 10/5/2018 13:24

History of #Netanyahu's lies over Iran nukes:
1992: Iran “3 to 5 years” from nuke
1995: “3 to 5 years”
1996: Iran threat to “all mankind”
2002: Iraq on way to nuke “no question”
2009: Iran “1 or 2 years away”
2009: Iran can make a bomb
2012: Iran “few months away”
@mrjamesob @LBC

10:13 AM - 9 May 2018

[portside1] 10/5/2018 13:19

iran should be wiped off the earth

[mashraf] 10/5/2018 13:02

both of you been on about since yesterday here are the facts...

[johnwise] 10/5/2018 12:49

portside1,

Hannity: President Trump puts Iran on notice

[portside1] 10/5/2018 12:11

iran have today proven 100% CORRECT IRAN ARE LIARS AND THE UK SHOULD BACK TRUMP

[johnwise] 10/5/2018 10:42

Barclays is taking an entire floor in a huge tech hub set to transform Sheffield’s digital economy

David Mathieson, Barclays business banking area manager, said: “Yorkshire’s entrepreneurs need new investment and support to scale up, and we are equipped to help them compete on a world stage.