Barclays Share Discussion Threads

[portside1] 23/1/2019 08:34

the job cuts should be the fraud directors liars and crooks .

staley must be removed along with mc liar , they have given barcs a bad name

they are very dishonest lying to investors while milking the bank

get rid of the I/b its a dud

[waldron] 22/1/2019 15:56

Barclays PLC (BARC.LN) said Tuesday that it is considering cutting 280 jobs in Leeds, England, where it has call-center operations.

The FTSE 100 bank said around 115 jobs would be relocated to offices in Manchester, Liverpool and Sunderland. The redundancy process is expected to conclude at the end of May.

Around 800 employees will remain at the Millshaw Court site in Leeds, where Barclays has secured an extension of its lease until 2021. Barclays said the office's landlord has put it up for sale with planning permission for residential development and that it will explore alternative sites.

Trade union Unite called on Barclays to reconsider the "deeply irresponsible" decision, which it said would harm the business and customer experience.



Write to Adam Clark at [e-mail]; @AdamDowJones



(END) Dow Jones Newswires

January 22, 2019 09:34 ET (14:34 GMT)

[johnwise] 22/1/2019 14:17

A short while back it was reported that Merkel was contemplating bringing back one year compulsory national service for all school leavers and for able bodied refugees. Now we see why.

It's the Fourth Reich with French collaborators ...

EU CRISIS: Merkel and Macron start European Union TAKEOVER - sparking Yellow Vest BACKLASH

EMMANUEL Macron and Angela Merkel faced a ‘Yellow Vest’ backlash as they launched their latest attempt to take full control of the European Union and create a bloc-wide army.

[johnwise] 22/1/2019 12:45

Why is May still flogging this useless plan, she is the only person who thinks its a good deal.Britain to be controlled by a bunch of unelected foreigners, Germany?..
No deal is a good deal.

Second vote will lead to CIVIL UNREST: Brexit People's Vote could 'BREAK UP BRITAIN'

THERESA May has warned a second EU referendum could trigger widespread civil disorder and unrest across Britain by destroying trust in Parliament - as well as the “break-up of our United Kingdom”.

[johnwise] 22/1/2019 07:41

Barclays boss Jes Staley to defend his bank from siege by corporate raider Edward Bramson at meetings in Davos this week

Bramson's investment firm Sherborne – whose backers include large City firms such as Aviva and Fidelity International – makes its money by identifying under-performing businesses, investing in them and trying to force their management to change tack.

[bernie37] 21/1/2019 16:50

Barclays PLC (BARC) (Stock PriceMarketBeat Company Profile, MSN Money, Yahoo Finance)
Barclays (LON:BARC) had its price target raised by analysts at Goldman Sachs Group Inc (Image Image Image) from GBX 210 ($2.74) to GBX 215 ($2.81). They now have a "neutral" rating on the stock.
Barclays (LON:BARC) had its price target lowered by analysts at JPMorgan Chase & Co. (Image Image Image Image Image) from GBX 250 ($3.27) to GBX 220 ($2.87). They now have an "overweight" rating on the stock.

[m1k3y1] 21/1/2019 15:27

The Telegraph
Activist reaps rewards over Barclays
hxxps://www.thetimes.co.uk/edition/business/activist-reaps-rewards-over-barclays-k7cktp68f

[bernie37] 20/1/2019 16:55

A quick glance at a chart of the Barclays share price gives a clear view why shareholders have a right to be frustrated.
It looks like a ski-slope, down which investors have unhappily slid for the past year.
Over the longer term, things aren't much better.
Barclays has flattered to deceive for years. The operational performance has improved lately, but since that isn't showing in the share price, investors are left holding paper that seems to be going nowhere, slowly.
So you can see why the pitch from rebel investor Edward Bramson might appeal. The man behind Sherborne Investors is pushing for a seat on the board so he can shove through his plan to bust up the investment banking arm of Barclays and return the imagined excess capital to investors.
Corporate raiders like Bramson have a bad public image, but they can serve a useful purpose.
Some underperforming companies really do need duffing up, need shaking out of their complacency.
For all of its troubled history, Barclays doesn't look like that's where it is at just now. For the first time in ages it's got a coherent strategy. Chief executive Jes Staley wants to be a force on the British High Street, to support UK Plc via the City and to (more than) hold its own on Wall Street.
Bramson wants to unwind all of that, just as it is showing signs of working.
It's important to get just how radical Bramson's plans are - he wants to turn the entire strategy of a major bank on its head.
I can't see how the chief executive or the chairman, or indeed much of the rest of the board, could remain in place if he persuades investors to vote with him. For Bramson to get his imagined windfall - £100 million in fees according to one estimate - one of the most important financial institutions in Britain has to be completely undermined. If there's ever a good time for that, it isn't now.
One bank analyst says: "His basic plan, to shrink the low-return investment bank which is a drag on group returns, makes sense. But it is not a new argument.
"People have been making the same argument for 10 years. Unless Barclays blows up I can't see him making any headway near-term."
That's a view from the sensible end of the City.
The danger must be that Bramson gets enough support from disengaged shareholders to enact at least some of his plan, irritating Staley, who then decides he'd rather go than stay.
Investors not paying attention might think there can't be much harm in having a truly independent non-executive director, challenging the board rather more harshly than it is used to.
Those shareholders could look at the share price and think, what's to lose?
It's tempting to think that a "normal", traditional base of City shareholders would send Bramson on his way, with a metaphorical clip around the ear.
However, the Barclays shareholder base is rather quirkier than most: although the usual crowd - Schroders, Aviva and Standard Life - are all there, they come lower down the roster than Qatar, Capital Group, BlackRock, Dodge & Cox (who they?) and Norges Bank. What these might decide to do on any given day is much harder to divine.
Bramson intends to table a vote that would give him a seat on the board at the AGM in May. One observer likens the Barclays vote to the one on Brexit. Issues that had been unresolved for years suddenly burst into the open. And long-suffering folk, who are cross that no one had been listening to them decide to give the boss class a bloody nose. Big investors don't throw hissy-fits, though. Or do they?
People say Bramson is a patient man, willing to hang around to win his fight. Let's hope he has to hang around for so long that his own argument implodes and shareholders realise he was just trying it on all along

[johnwise] 20/1/2019 12:16

North Yorkshire's potash mine | ITV News

Video

[diku] 20/1/2019 10:15

Link not working...

[m1k3y1] 20/1/2019 09:47

The FT
Investment banking: The battle for Barclays

[johnwise] 19/1/2019 22:24

A ‘Managed No Deal’ WTO option using Article 24 of GATT can avoid raising tariffs or quotas

There is a mechanism to ‘manage’ a No Deal scenario; one that works within existing WTO rules, and that is not widely known about.

This is essentially an alternate transition or interim period, but within WTO rules without having to levy tariffs or (arguably) pay membership fees to the EU, but requiring some customs forms levied on the 7% of UK businesses (400,000 out of 5.7 million UK private registered businesses) that actually trade with the EU. This is the deal with the EU used by China, the USA, India, Australia and New Zealand for example.

More

[johnwise] 19/1/2019 22:23

What a choice. Two bunches of incompetent. Time to vote for other parties to send a strong message as has happened in other European countries.

[m1k3y1] 19/1/2019 21:57

They would be mad to do it John

[bernie37] 18/1/2019 16:49

HSBC CUTS BARCLAYS PRICE TARGET TO 240 (270) PENCE - 'BUY'

[diku] 18/1/2019 14:09

Time for Barc to upgrade HSBC as a thank you in return!!...

[m1k3y1] 18/1/2019 13:12

agreed sas...

[johnwise] 18/1/2019 12:51

Barclays PLC 48.3% Potential Upside Indicated by HSBC

Barclays PLC with EPIC/TICKER (LON:BARC) has had its stock rating noted as ‘Retains’ with the recommendation being set at ‘BUY’ this morning by analysts at HSBC.

[smurfy2001] 18/1/2019 10:16

spoole5, yes l do, RBS will out perform BARC given the share buy back and potentially higher dividend payments. Trade LLOY in the meantime. BARC is an avoid and yes i'm a holder here.

[johnwise] 18/1/2019 09:16

"Barclays is forecast to post a rise in EPS of 13% in the current year. This could catalyse investor sentiment in the banking stock in my view, and may mean that its single-digit P/E ratio begins to look increasingly attractive".

"The FTSE 100 company is also due to increase dividends rapidly this year. It has a forward yield of around 5.5%. Although the world economy faces an uncertain outlook, I think the Barclays share price could perform well in the long run."

[diku] 18/1/2019 08:57

Dog shares of last year out performing...

[diku] 18/1/2019 08:37

News blackout!!...

[jotoha2] 18/1/2019 08:35

Just listened to the BBC report on the accident with the old Duke , no concern about the couple who were hit with a baby in the back , only concern was about the old boy , make him take a test for gods sake before he is allowed on the road again.