Barclays Share Discussion Threads

[tarvold] 09/12/2009 07:33

The US is controlled by stupid american lawyers.
The administrators/trustees had all the information , if they were too stupid to realise they were selling off the assets cheaply it's their fault not Barclays.
If unsecured creditors have an issue they should take it up with the seller not the buyer.

[jon827] 08/12/2009 20:11

The next PM speaking on Bonuses, apparently Bob Diamond (presumed missing since 2007) has been found.

"Mr Cameron told the delegates, who included Michael Spencer, chief executive of ICAP, James Leigh-Pemberton, chief executive of Credit Suisse in the UK, Bob Diamond, president of Barclays and Michael Hintze boss of the hedge fund CQS, that financial services is a "key part of Britain's economy."

[smurfy2001] 08/12/2009 19:05

Positive for BARC,

Our sister site Fox Business News notes a report today from State Street Global Advisors (STT) that exchange-traded funds hit a record high of $739 billion in assests under management at the end of November. BlackRock (BLK) was atop the pile of managers, with almost half the total assets under management, thanks to its purchase earlier this year of Barclay's PLC's index biz. State Street came next, followed by Vanguard Group in third place.

BlackRock shares are up $2.72, or 1.2%, today at $224.25.

[isis] 08/12/2009 19:00

Barclays chief Bob Diamond warns windfall tax on bank bonuses not in line with G20
Bob Diamond, president of Barclays, said any plans for a windfall tax on bank bonuses in the Pre-Budget Report tomorrow would be against the remuneration principles agreed at the G20.

Published: 11:08AM GMT 08 Dec 2009

Bob Diamond, president of Barclays, said any plans to tax bank bonuses was against the principles agreed at the G20 Pittsburgh summit in September.
"We don't feel that that is supported by the principles that were adopted," he said at a financial conference in southern England.
In September the G20 nations endorsed a statement by its co-ordinating arm, the Fiancial Stability Board, recommending new rules for bank pay. These included the principle that the size of the bonus pool should depend in part on the health of the balance sheet.

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Barclays, which has not received state aid during the financial crisis, reported profits of £1.05bn at its investment banking arm Barclays Capital in the six months to June, helping the bank as a whole improve profits by 8pc to £3bn.
Mr Diamond, who also heads up Barclays Capital, said "policymakers and regulators needed to ensure reform is co-ordinated across the major economies".
"It's extremely important today that around the large economies and financial centres that we create a level playing field around capital, accounting and compensation," he said.
Mr Diamond said that if rules were not uniform it would create a massive opportunity for regulatory arbitrage.
"I support strongly New York and London as financial centres and we all have an interest in keeping them both strong," he said, warning: "Both financial capital and human capital are extremely mobile."
Alistair Darling, the Chancellor, is reported to be considering a tax on bank bonuses in his Pre-Budget Report on Wedndesday.
Business leaders have warned that a move to increase taxes on the rich and stricted rules on the financial sector could see London lose its competitive edge and drive out the very people needed to create growth in Britain.

[smurfy2001] 08/12/2009 18:54

I bought my first slice of BARC shares into my ISA, whilst still maintaining my BARC shares in my ordinary share dealing account at 53p. My intention is continue drip feeding cash into the ISA rather then go all in and then leave the ISA as-is for a few years.

Short term trend IMHO has been maintained and today we approached the 200 day SMA and bounced again. I see this as very bullish although i'm cautious given all the deramping news around Greece and Dubai, stuff that's been known about for a year.


free stock charts from www.advfn.com

[lr4850] 08/12/2009 18:24

smurfy2001

Let's hope for a similar day here . May be one day; say when Bank of China announce it's purchase of Barclays. Anything is possible in these times.

[spitfire3] 08/12/2009 18:21

that medication foggs your mind..... pull the cord to get nursey running go on....

[ed the business] 08/12/2009 18:20

It was down vs UK close you dope

[spitfire3] 08/12/2009 18:19

ed just stated you posted yesterday the same message when the dow was up.....you really are a waste of space now i hope nursey gets your medication soon and tucks you up with your bib in place to catch the dribble....

[smurfy2001] 08/12/2009 18:18

Well VW took out quite a few hedge funds. Was a funny day for sure, to see these people lose their jobs and hundreds on millions in margin calls. Oh, how l chuckled.

[lr4850] 08/12/2009 18:14

Melt down in Greece. Any excuse. These hedge funds certainly yield some power with their shorting antics. Hope they get burnt eventually just like some did when VW announced their deal.Please. These Hedgees distort the markets they need reigning in.

[jon827] 08/12/2009 18:13

Just need to get through that pesky 200 day MA, BARC ADR looking to bounce of it soon.

[smurfy2001] 08/12/2009 18:11

Give Ed a break guys, LOL

[informant] 08/12/2009 18:08

Yes. It's the unemployed who have nothing better to do during the day. They shouldn't gamble their benefit money. Probably lost it all, now getting angry at each other, until they get the next payment. I would like these at 190p IMHO.

[jon827] 08/12/2009 18:01

The games over bulls, closed below 290 today, nothing but thin air to 265 now imo :-)

[ed the business] 08/12/2009 17:58

So BARC had an up day, did it, Brains?

[spitfire3] 08/12/2009 17:55

you post that when the dow was up yesterday you are either thick or deluded...which is it...... ask nursey to help you decide

[ed the business] 08/12/2009 17:23

What happened to 44000?

[rkhl] 08/12/2009 17:21

C'mon 250, I know it can be reached if we all try a little harder.

[gbh2] 08/12/2009 17:10

christh - judging by your thread performance you're a "Historian"!