barclays will ge coming out with trading update on 07.05.2009 It is expected to report profits higher than market expectations.

A good Buy Medium to Long term

http://uk.finance.yahoo.com/news/1-c-suisse-sees-no-091022334.html

Harrycat - take you waiting for 140?

240 I think. No way they can prosecute BARC - that was system failure that will be modified, IMO.

As per my post #1001, 140p would be about right for me, but I would need to reconsider if it should get there, as looks like more bank scandal hitting the headlines as HSBC are now in a certain amount of trouble. Will also be interesting to see how the new BARC CEO affects sentiment.

Barclays in the news again: http://www.bbc.co.uk/news/business-19009169

Good news at last!

Barclays names City grandee Walker as chairman

(Reuters) - Barclays has picked corporate governance expert and City grandee David Walker as its new chairman in an effort to rebuild the UK bank's reputation after a rate rigging scandal.

The British bank said on Thursday that Walker, 72, a former Bank of England and Treasury official who wrote one of the most significant governance manuals for UK banks, would become a non-executive director on September 1 and succeed Marcus Agius as chairman two months later.

One of his first tasks will be to help choose a new chief executive, which Walker said he will be "fully engaged" in.

Another share toying with its 200ma.

Stan - 27 Jul 2012 12:08 - 1050 of 1053

Barclays in the news again: http://www.bbc.co.uk/news/business-19009169

.. And one more time -):

http://www.moneyam.com/action/news/showArticle?id=4434998

Stan - that's the bad news buried! :-)

Antony Jenkins appointed as Group Chief Executive

Barclays PLC and Barclays Bank PLC ("Barclays") announce that Antony Jenkins has been appointed as a Director and as Group Chief Executive of Barclays with immediate effect. Mr Jenkins currently leads Barclays Retail and Business Banking (RBB) business. He has been a member of the Group Executive Committee of Barclays since 2009. His role as CEO for RBB includes responsibility for retail banking in Barclays Africa and Absa and he also represents Barclays as a non‑executive Director on the Board of Absa Group Limited and Absa Bank Limited.

I thought this is a good news for Barc.

Today's drop is probably due to the news in Stan's link in post #1054 (SFO investigation which has hit the headlines today).

Probably Harry, but very surprised that they are only down a couple of a % at worst today... I was really looking forward to something like a 5% SP reverse so I could get in for a recovery play.

Patience :-)

True Skinny , but you know what it's like when you want to jump in with both feet.. and then are denied, well that's how I feel -):

Stan,
That's also called patience.
Take care

Stan..... my mrs does that to me every night......

Pile of shite 10p here we come .... but 170p will do me for a shed load :-)

£2.20 next stop

UK rejects claim it singled out Barclays in tax row

LONDON | Thu Sep 6, 2012 12:05am BST

(Reuters) - Chancellor George Osborne has rejected a claim by Barclays Plc that the bank was singled out for harsh treatment in a tax row and said the government took action due to the amount of tax at risk.

"This was not harsh treatment of a particular bank but rather the first opportunity to block a newly identified avoidance scheme," Osborne said in a letter to Andrew Tyrie, chairman of parliament's cross-party Treasury Select Committee.

Tyrie published the letter on Thursday after asking Osborne to respond to claims made by former Barclays Chief Executive Bob Diamond in May that tax authorities had singled his bank out for unfair treatment and damaged its reputation.