Barclays is a major global financial services provider engaged in retail and commercial banking, credit cards, investment banking, wealth management and investment management services. Company operates in over 60 countries and employs over 78,000 people.
Red = 25 day moving average. Green = 200 day moving average.
Maybe I am completely wrong, but the present problem with the Barclays puzzles me in different ways.
If they are going to separate proprietary dealing from non-proprietary banking? and how exactly are they going to devolved the 2 businesses?
I would think it will take at least 2 years to do so.
Secondly, the value of Barclays is the sum of its parts and if there is a selloff or splitting off of one of its parts, or by issue of shares in the part split off.
The share prices would represent the valuation of the two separate businesses.
This is a complete guess, but I wonder if it would be advantageous to present shareholders if the split up occurs and run as smaller more efficient units.
The only fly in the ointment I think, is the cost of the splitting.
I bought some Barclay shares some time ago as a long term hold and will continue to do so.