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

In for a recovery play.

Not sure Stan. Two year chart not very encouraging, imo.

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I'm only looking for a small one HC.

Broker update http://www.moneyam.com/action/news/showArticle?id=5751078

long holder looks like i will see my money back XMAS 2018 with an increase in divi. BB S/P 220p + [ 2018] from informed one.

StockMarketWire.com
The Serious Fraud Office (SFO) has charged Barclays Bank in relation to a loan provided to the State of Qatar in 2008.

The SFO alleges that Barclays committed 'unlawful financial assistance,' in respect of a US$3bn loan provided to the State of Qatar in November 2008.

'Barclays PLC and Barclays Bank PLC intend to defend the respective charges brought against them,' Barclays said.

StockMarketWire.com
Barclays reported pre-tax profits of £3.5bn for 2017, up 10% from £3.2bn a year ago, driven by a 5% fall in operating costs to £15.5bn.

The bank declared a dividend of 3p for the year, unchanged from a year ago, but vowed to restore its full dividend to 6.5p in 2018.

The bank reported an attributable loss of £1.9bn, a sharp contrast from the £1.6bn profit reported in the prior year, amid a loss of £2.5bn related to the sell down of Barclays Africa Group and the one-off net tax charge of £901m due to the re-measurement of US US deferred tax assets.

Net operating income for the year was £18.7bn, down 2% on last year's £19.1bn.

The bank's litigation and conduct costs in 2017 was £1.2bn, down 11% from £1.4bn the year before.

Barclays' common equity tier 1 capital ratio improved to 13.3% by the end of 2017, compared with 12.4% at the end of 2016.

'As a first demonstration of that intent, we are pleased to be able to announce today the restoration of the dividend to six and a half pence for 2018,' Barclays said.

Morgan Stanley today reaffirms its equal weight investment rating on Barclays PLC (LON:BARC) and raised its price target to 225p (from 215p).

LONDON (Reuters) - British bank Barclays (BARC.L) and digital payments firm PayPal (PYPL.O) have announced a partnership that will see them explore ways to combine their services for customers, Barclays said on Thursday.
The pair aim to allow Barclays customers in the United States and Britain to use their PayPal accounts on the bank’s online and mobile phone-based platforms while Barclays products will be used in PayPal accounts.

The move comes amid mounting concerns from bank industry executives that big technology companies such as Amazon (AMZN.O) and Apple (AAPL.O) in the U.S. or China’s Alibaba (BABA.K) could come to dominate the $1.8 trillion global payments industry.

With their ever-expanding customer bases and nimbler platforms, the tech companies could supplant the banks as the face of an industry that accounts for 34 percent of all banking revenues, according to consultancy McKinsey.

The announcement from Barclays shows one route traditional lenders are taking, to try and collaborate with large technology companies rather than compete.

StockMarketWire.com
Barclays swung to a loss in the first quarter of the year as performance was weighed by a hefty settlement with the United States Department of Justice and additional payment protection insurance charges.

Barclays reported a first-quarter attributable loss of £764m compared with a profit of £190m the same period a year ago after taking a £2.0bn hit, mostly driven by a £1.4bn settlement with the United States Department of Justice (DoJ) and additional charges of £400m relating to payment protection insurance.

'This quarter we also reached an agreement with the US Department of Justice to resolve issues related to the sale of Residential Mortgage-Backed Securities between 2005 and 2007. While the penalty was substantial, this settlement represents a major milestone for Barclays, putting behind us a significant decade-old legacy matter,' the firm said.

The loss after tax from continuing operations was £540m compared with a profit of £1.2bn the same period a year ago.

Excluding litigation and conduct charges the bank's profit before tax was £1.7bn, while attributable profit was £1.2bn.

Its corporate and investment bank reported mixed performance as revenues from banking activities fell 4% while Fixed Income, Currencies and Commodities, or FICC, trading revenues declined and equities trading revenues rose nearly 30%.

Revenues were slightly lower at the bank's UK division at £1.8bn.

'Demonstrating the benefits of diversification, lower revenues in our UK businesses, driven by one-offs, were offset by a stronger performance in Barclays International, particularly in the Corporate and Investment Bank, which reported profit before tax up 49% and a RoTE of 13.0%, the firm said. Overall, the bank's revenues fell 8% to £5.4n, while operating costs rose 47% to £5.3bn, while credit impairment charges and other provisions was significantly reduced to £288m, down 45% from £527m the same period a year ago.

Its common equity tier one ratio, a key benchmark of financial strength, declined to 12.7% as organic capital generation from profits was more than offset by a 61 basis point impact from litigation and conduct charges, and a £4.9bn increase in risk weighted assets.

The firm reiterated its intention to pay a dividend of 6.5p per share for 2018

Interim Results

3rd Quarters https://www.moneyam.com/action/news/showArticle?id=6179269

Broker Forecast - Deutsche Bank issues a broker note on Barclays PLC

BFN

Deutsche Bank today reaffirms its buy investment rating on Barclays PLC (LON:BARC) and raised its price target to 243p (from 240p).

Story provided by StockMarketWire.com

Broker Forecasts data provided by www.sharesmagazine.co.uk

Half the price I would like.

“The world has enough for everyone's need, but not enough for everyone's greed.”

― Mahatma Gandhi

Wonder who posted that.

Mahatma?

Coat?

Don't wear one!

Barclays has recruited Nigel Higgins from Rothschild to replace John McFarlane as chairman. Higgins will take over at Barclays' next annual meeting on 2 May when McFarlane will leave the bank.

Barclays: Had a dabble at these levels.

Probably a wrong decision.