Barclays Share Discussion Threads

[bigman786] 20/5/2019 07:47

Is it really £19.95 per month ii ? I'm with them but trade perhaps twice per year these days. Hmmmm

[diku] 19/5/2019 21:30

If that were to happen it would be HSBC mark2 in the making...a British and a Colonial bank...

[m1k3y1] 19/5/2019 21:26

about time they did something diku....anything !!!

[diku] 19/5/2019 21:23

About time Barc does merger talks with STAN...that would light up the banking sector...

[46maxon] 19/5/2019 21:10

New custody’ fees from c Stanley on yearly valuation!

[smurfy2001] 19/5/2019 20:43

Barclays and Co-op Bank in failed takeover discussions

[carlsagan1] 19/5/2019 14:35

ii have decided to up there fees again from june 10th - £19.99 a month irregadless if I trade. Overpriced broker.

If anybody can recommend a cheaper broker let me know.

I am considering going to iweb-sharedealing(Halifax) for a fixed £5 a trade or X-O(Jarvis) for £5.95, neither have monthly, yearly, or inactivity fees like ii

[bernie37] 19/5/2019 12:42

Trump Caves: Barclays Thinks U.S. Will Remove China Tariffs

[bernie37] 19/5/2019 12:34

Barclays Is One Of The UK Business Which Doesn't Understand 5G

[diku] 18/5/2019 09:18

Looking at the left/right FTSE header chart...how it failed to go above the flatline yesterday...that is the crucial right shoulder formation level...

[m1k3y1] 17/5/2019 19:21

John...you must be looking for the Chump Bulletin Board.
This is for Barclays posts.

[johnwise] 17/5/2019 19:19

Conrad Black speaks out after being pardoned by President Trump

Video

[johnwise] 17/5/2019 18:57

Trump's POST-GLOBALIST Confrontation with China!!!

Dr. Steve Turley

Video

[bernie37] 17/5/2019 16:15

Rating Action: Moody's affirms Barclays PLC's senior unsecured debt ratings and changes the outlook to positive
17 May 2019
Outlook revised to positive from stable on Barclays Bank PLC. Outlook unchanged at stable on Barclays Bank UK PLC
London, 17 May 2019 -- Moody's Investors Service today affirmed the long-term senior unsecured debt ratings of Barclays PLC (Barclays, the holding company) at Baa3 and the short-term Commercial Paper ratings at P-3. The rating agency changed the outlook to positive from stable on Barclays' senior unsecured debt.

The rating agency also affirmed all ratings of Barclays Bank PLC (Barclays Bank) and changed the outlook to positive from stable on the senior debt and deposit ratings of Barclays Bank.

At the same time, the rating agency affirmed the ratings of Barclays Bank UK PLC (Barclays Bank UK), while keeping the outlook unchanged at stable.

The affirmation of Barclays' ratings reflects its ample liquidity and capital above regulatory requirements which mitigate risks from large exposure to capital markets activities and related wholesale funding and its moderate credit risk.

The positive outlook on Barclays' senior ratings reflects Moody's expectation that its operating performance and profitability prospects will improve, benefiting from a significant reduction in litigation and conduct risks. Moody's assessment of the volume of loss absorbing debt under its Advanced Loss Given Failure analysis and of the probability of government support have not changed.

"With large litigations settled and restructuring costs declining, Barclays' profitability is on a path to recovery and the bank is better positioned to mitigate against Brexit-related risks and tail risk from its large capital markets activities," said Alessandro Roccati, Senior Vice President at Moody's. "Capital generation through earnings will likely be sustained and the bank's liquidity is strong" added Roccati.

The affirmation of the ratings of Barclays Bank and the revised outlooks to positive reflects Moody's expectation that its operating performance will moderately improve due to improved revenues, as the recent restructuring starts to bear fruit, and good cost control including adjustments to variable compensation costs, to the extent necessary, are implemented.

The affirmation of the ratings of Barclays Bank UK with stable outlooks reflects Moody's expectation that its operating performance will remain broadly stable over the outlook period supported by good levels of profitability, moderate asset risk, robust capitalisation and good funding and liquidity.

RATINGS RATIONALE

Barclays

The positive outlook on Barclays' ratings reflects the progress the firm has made in its restructuring plan including the de-risking of its balance sheet, its improved asset risk profile, and its improved profitability, supported by the resolution of litigation matters including settlements with the US Department of Justice (DOJ) and adequacy of provisions taken against current and anticipated Payment Protection Insurance (PPI) claims.

Moody's believes that going forward, Barclays is positioned to demonstrate improved and more stable profitability: non-recurring charges will likely be moderate over the next eighteen months, making the strong core profitability of the bank's retail and commercial operations more tangible.

The baa3 BCA of Barclays reflects: its (1) strong franchises in UK retail, business banking and global credit cards, (2) moderate credit risk, driven by strong loan quality, which is partly offset by its sizeable capital markets activities which are confidence sensitive and expose the firm to higher earnings volatility than the more traditional commercial banking activities (3) good regulatory capitalisation; (4) diversified funding and sound liquidity; and (5) improving profitability from a low base.

Barclays Bank

The positive outlook on Barclays Bank's ratings reflects the progress the firm has made in its restructuring plan including the de-risking of its balance sheet, which will lead to higher profits and an improved capital position.

The BCA of baa3 for Barclays Bank - the group's non-ring fenced bank - reflects its (1) good regulatory capitalisation and its (2) adequate funding and sound liquidity, which protect the bank against unexpected market shocks. The bank's BCA is constrained by (3) risks from investment banking and capital market activities, and (4) weak historical profitability, which we expect will continue to improve.

Barclays Bank UK

The BCA of a3 for Barclays Bank UK - the group's ring fenced bank -- reflects its (1) moderate asset risk; (2) robust capitalisation; (3) stable and predictable earnings from strong retail and small business banking franchises; (4) good funding and liquidity; and (5) limited reliance on confidence-sensitive wholesale funding and good liquidity levels.

WHAT COULD MOVE THE RATINGS UP/DOWN

Barclays

Barclays' baa3 notional BCA could be upgraded, following an improvement of the standalone credit profile of its main subsidiary Barclays Bank. An upgrade of Barclays' baa3 notional BCA would likely lead to a ratings upgrade. Barclays' ratings could also be upgraded if the group were to issue a substantially higher amount of bail-in-able liabilities or maintain excess financial resources at the level of the holding company, affording greater protection to its creditors.

A rating downgrade is unlikely, given the positive outlook on the firm's ratings. Barclays' baa3 notional BCA could be downgraded following a deterioration of the standalone credit profiles of its two main subsidiaries Barclays Bank and Barclays Bank UK. A lower notional BCA would likely lead to a downgrade of Barclays' ratings. Barclays' ratings could also be downgraded if we were to assess a lower degree of protection from the stock of bail-in-able liabilities, which we assess through our advanced LGF analysis.

Barclays Bank

Barclays Bank's baa3 BCA could be upgraded if the bank were to restore its profitability on a sustainable basis. Higher capitalisation levels, lower reliance on confidence-sensitive wholesale funding and a reduction in the size of capital markets activities would also be positive for the BCA. An upgrade of the BCA would likely lead to a ratings upgrade.

A rating downgrade is unlikely, given the positive outlook on the firm's ratings. Barclays Bank's baa3 BCA could be downgraded in the case of (1) a deterioration in the operating environment beyond our current expectations, (2) a material risk management failure or increase in risk appetite or leverage, and/ or (3) a material deterioration in the bank's liquidity or capital positions. A downgrade of the bank's BCA would likely lead to a ratings downgrade. The ratings for Barclays Bank could be downgraded in the case of a lower degree of protection for its creditors from the stock of bail-in-able debt, which we assess through its advanced LGF analysis.

Barclays Bank UK

An upgrade of Barclays Bank UK's a3 BCA could result from a much lower asset risk, or a considerable increase in profitability and liquidity. A higher BCA could lead to a rating upgrade. An upgrade of BB UK's long-term deposit rating could also result from a higher stock of bail-in-able liabilities that would provide higher protection for the bank's junior depositors, beyond what we currently expect.

Barclays Bank UK's a3 BCA could be downgraded in case of a deterioration in asset quality and weaker profitability, driven by Brexit uncertainties, or lower capitalisation or a deterioration in the bank's liquidity profile. A downgrade of the BCA would likely lead to a rating downgrade. The rating could also be downgraded due to a reduction in the stock of bail-in-able liabilities that would reduce the degree of protection for junior depositors.

[bernie37] 17/5/2019 15:37

Barclays

- In Defense Of Investment Banking - Barclays PLC (NYSE:BCS) | Seeking Alpha

[diku] 17/5/2019 09:02

Alp...you could be right but just think this $/£ earners churning has run its course for too long...think market participants would prefer to see a complete washout over the coming months...volume across the board is already down...

[alphorn] 17/5/2019 08:55

diku - the foreign earners could make the FTSE rise. ;)

[johnwise] 17/5/2019 08:16

Rating Action: Barclays

Moody's affirms Barclays PLC's senior unsecured debt ratings and changes the outlook to positive

17 May 2019

Outlook revised to positive from stable on Barclays Bank PLC. Outlook unchanged at stable on Barclays Bank UK PLC

London, 17 May 2019 -- Moody's Investors Service today affirmed the long-term senior unsecured debt ratings of Barclays PLC (Barclays, the holding company) at Baa3 and the short-term Commercial Paper ratings at P-3. The rating agency changed the outlook to positive from stable on Barclays' senior unsecured debt.

The rating agency also affirmed all ratings of Barclays Bank PLC (Barclays Bank) and changed the outlook to positive from stable on the senior debt and deposit ratings of Barclays Bank.

[diku] 17/5/2019 08:15

Look at that FTSE right header chart...is it forming the right shoulder then down to 6600 again possibly in June to coincide after Brexit vote...

[johnwise] 17/5/2019 07:56

Iran threatens U.S. fleet with 'dozens of missiles' if they attempt a move

National security analyst Dr. Rebecca Grant provides insight.

VIDEO

[m1k3y1] 16/5/2019 15:45

and all the shareholders that lost money in the process John !

[m1k3y1] 16/5/2019 15:17

I agree diku. Bonuses are an anathema.