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

Barclays Defeats Lehman $500 Million Lawsuit Over Unpaid Employee Bonuses

Barclays Plc (BARC) defeated a bid by Lehman Brothers Holdings Inc. to recover $500 million from the British bank in a dispute over the bankruptcy sale of Lehman operations in 2008.
Lehman said Barclays was required to pay $2 billion in employee bonuses as part of the acquisition and paid only $1.5 billion. U.S. Bankruptcy Judge James Peck in Manhattan ruled against Lehman in a decision filed today, calling Lehmans claims baseless.

B/M .remember this bob diamond would risk jail in the USA for telling lies .
fact

Did not worry James Murdoch

b/m that was not in the states there are 4 bankers facing long prison sentences now

Not yet but these guys tell lies in their sleep.

Did GW Bush not tell any lies.

anything that costs them money they will sue .
i have a letter in front of me .
and this is why i have adding more barc shares .
the bank is rock solid and on target for 13% return
and we can see nothing in the way to see this return
.
and yes they will jump and it will happen when least expected

b/m remember BRANCOTE .sold for 210p bought at 5p then we had the rights to buy hpd now pgd for 1.5p now 69p and bought loads and we will sell this gold fields for over 200p next year

UBS

barcs on target so after ppi pay out .
over 6b profit this year and div 7p

Cant see this getting any higher especially as short termers will be selling before the week-end.

Markets Boosted As Banks Pledge Billions


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Sky News 2011, 22:07, Thursday 15 September 2011

Markets have been boosted as five of the world's central banks said they would pump billions of dollars into the European financial system.

The Bank of England, European Central Bank, Bank of Japan (NYSE: MCO - news) , US Federal Reserve
and Swiss National Bank said they will provide additional dollar liquidity in a move designed to alleviate fears about lenders' exposure to bad debts.

Shares in Britain's banks were boosted by the announcement, with Lloyds Banking Group (LSE: LLOY.L - news) ahead 7%, and Barclays (LSE: BARC.L - news) , Royal Bank of Scotland (LSE: RBS.L - news) and HSBC (LSE: HSBA.L - news) were all up 4%.

This helped push London's FTSE 100 Index 2% higher, or 110.5 points at 5337.5.

The euro's future, and even existence, hangs in the balance as Greece, Spain, Italy and others look increasingly unlikely to be able to meet their debt payments. But whatever the outcome, the scars of this crisis will mar the currency for decades to come and that's if it survives.

my ealier post i said 6b profit it is nearer 7b after the ppi pay out

final div in mach will be 4.5p

Get you shorts ready for 14.30

.

I see the pension fund managers have been buying the last couple of days but not big time yet next week they will by big time

so far they have bought just under 80m

we might get a 2p div in dec

on barcs figs nett asset value is over 429p from 423p