Barclays Share Discussion Threads

[johnwise] 16/3/2023 01:56

Pound To Euro Exchange Rate: Sterling Tumbles Vs EUR Amid Credit Suisse Warning Signs

[johnwise] 16/3/2023 01:48

VIDEO

Stocks tumbled Wednesday as fears about the stability of banks grow now that two U.S. institutions have failed and a major European bank is in trouble

Traders 'panic': Credit Sussie crisis is a 'Lehman moment,' expert says

[tomtum1] 16/3/2023 00:43

Banking sector is imploding worldwide. Get a blanket and stay under it all.

[tradejunkie2] 15/3/2023 23:41

Suck on that little todger Bob Reno, infact why not go give SpecialistWasAGypsey a good bumming whilst you're at it.

[specialistwasagypsey] 15/3/2023 23:40

There is a gap here… between John Wises ears!

Lol

What a tool 🔨 this idiot is. I thought global specialist was unique but this idiot is on a different level.

Praise be to Tom!!! 🤣🤣🤣

[bob reno] 15/3/2023 23:39

Deluded lol

[stonedyou] 15/3/2023 21:55

BARC: Group CEO & Executive Director recently sold UK£1.1m worth of stock


Barclays BARC

Group CEO & Executive Director recently sold UK£1.1m worth of stock

On the 8th of March, Coimbatore Venkatakrishnan sold around 625k shares on-market at

roughly UK£1.69 per share. This transaction amounted to 19% of their direct individual

holding at the time of the trade.

• This was the largest sale by an insider in the last 3 months.

• This was Coimbatore's only on-market trade for the last 12 months.

[deme1] 15/3/2023 21:44

Bounce tomorrow, I will take a nice 5/10% for an evenings work

[m1k3y1] 15/3/2023 21:08

Thanks Smurfy

[smurfy2001] 15/3/2023 20:41

Regulators say Credit Suisse is fine so please chill



Credit Suisse meets the capital and liquidity requirements imposed on systemically important banks. If necessary, the SNB will provide CS with liquidity.

[diku] 15/3/2023 20:39

Yes...think FED, BOE and ECB will come to a joint decision no more rate hikes...pause for the moment in light of market volatility last few days...

[zaxarobal] 15/3/2023 20:19

The worst part in all this is that the lag effects are still filtering through and hence things will obviously still get worse on the growth front. But recessions happen fast once confidence is lost and confidence just took a crowbar to the faceHow will they restore confidence? I think this is the key question the Fed and ECB must be asking themselves right now. Do you want to risk blowing everything up to save face and lose even more face in the process?Or do you do what's right from a policy perspective, admit that you got blindsided (again) and try to do what's necessary to keep things from blowing up and causing another major crisis and an immediate large scale recession?From my perch they need to let go of their self perceived credibility issues and do what's right. Before throwing more gasoline on the fire perhaps stop. Immediately and figure out the status of the blaze.That means stop rate hikes and pause QT and backstop liquidity. Worry about inflation later. Inflation is already coming down and the events of the past week into today are likely to kill it off anyways.A recession will do that, every time. But you can't risk a systemic event which is front and center right now and nothing is more of a systemic risk then the financial sector freezing up.Moodys downgraded the entire US banking sector to negative yesterday. This is not an environment to raise rates into. Even Volcker knew that and not only did he stop raising rates he cut them.But Powell is no Volcker. Volcker was good at central banking and as the evidence over the years keeps mounting that Powell is not. Blunder after blunder. Creating fires and then chasing them. Sad.

[oneillshaun] 15/3/2023 19:59

No doubt rebound just in time for for the Divi to be reinvested at 170p plus and not the current levels.

[reidy66] 15/3/2023 19:09

In at 139 as the 10% drop is over cooked imo. Had to sell ITV to fund this buy but was in profit so hey ho..My thinking is Barc will recover quicker to 161p than ITV back to 88p..so game on PJ

[deme1] 15/3/2023 19:01

Dow making ground

[smurfy2001] 15/3/2023 18:38

FTSE futures rebound on oversold (RSI).

[dope007] 15/3/2023 18:15

No the problem at SVB was over leverage using short term deposits. Not the bonds themselves

[tomtum1] 15/3/2023 18:01

The problem is the long term bonds. That's what destroyed SVB. Big question is what European banks have in long term bonds.Stay in cash

[gwatson56] 15/3/2023 17:53

I suppose this is the real life 'stress test'. All banks may have passed the dummy run tests (to varying degrees) post 2008 preparations for such an event. My thinking is the main players (Swiss Govt/ Central Bank) will keep in the background of a few days to see how this plays, sure lots will be short but once some break ranks you never know. Well that's one scenario... the other is for the cavalry to ride to the rescue. I prefer the first scenario, I suspect it's a question of 'balls' or the art of not having to blink :-)

[smurfy2001] 15/3/2023 17:32

FTSE 100 takes £75bn hit as Europe becomes new focus of Silicon Valley Bank fallout

[manics] 15/3/2023 17:26

Ruh-roh...



What's the chances of default? Was 47% a little earlier. 50/50 Credit Suisse is going down. Something big might happen tonight...

[smurfy2001] 15/3/2023 17:11

Goes without saying the FTSE100 is oversold on the RSI.