Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Barclays Bank

  • 05-07-2012 9:49pm
    #1
    Kronos11
    Registered Users, Registered Users 2 Posts: 14 ✭


    Barclays PLC (BCS) closed at $10.45 today..

    It's quite a bit down on the mid/late June prices (about $12) before the lending rate manipulation became public.

    Anyone else think the shares are worth a go?

    - Kronos


Comments

  • #2
    Grecco
    Closed Accounts Posts: 1,007 ✭✭✭Grecco


    Thread carefully, talks of there credit rating being downgraded


  • #3
    Jim2007
    Moderators, Business & Finance Moderators Posts: 10,606 Mod ✭✭✭✭Jim2007


    Kronos11 wrote: »
    Barclays PLC (BCS) closed at $10.45 today..

    It's quite a bit down on the mid/late June prices (about $12) before the lending rate manipulation became public.

    Anyone else think the shares are worth a go?

    - Kronos

    A couple of quick calculations would suggest that they are not..


  • #4
    Kronos11
    Registered Users, Registered Users 2 Posts: 14 ✭Kronos11


    Jim2007 wrote: »
    A couple of quick calculations would suggest that they are not..

    This would be a lot better with some explanation.. Can you show me why this is please?

    - Kronos.


  • #5
    Jim2007
    Moderators, Business & Finance Moderators Posts: 10,606 Mod ✭✭✭✭Jim2007


    Kronos11 wrote: »
    This would be a lot better with some explanation.. Can you show me why this is please?

    - Kronos.

    Rule no. 1 is do the research, don't expect others to do it for you! There are plenty of article out there on how to value a bank, Google is your friend.


  • #6
    liammur
    Closed Accounts Posts: 3,461 ✭✭✭liammur


    Jim2007 wrote: »
    Rule no. 1 is do the research, don't expect others to do it for you! There are plenty of article out there on how to value a bank, Google is your friend.

    LONDON--Board directors at U.K. bank Barclays PLC (BCS) are considering splitting the company into two units, as regulatory scrutiny mounts in the wake of its role in the Libor interest-rate fixing scandal, The Sunday Times reports without citing sources.
    The newspaper says Barclays is examining plans to spin off its investment banking arm, which could be floated in New York, with the U.K.-headquartered retail and commercial bank retaining its London listing.


  • Advertisement
  • #7
    Jim2007
    Moderators, Business & Finance Moderators Posts: 10,606 Mod ✭✭✭✭Jim2007


    liammur wrote: »
    LONDON--Board directors at U.K. bank Barclays PLC (BCS) are considering splitting the company into two units, as regulatory scrutiny mounts in the wake of its role in the Libor interest-rate fixing scandal, The Sunday Times reports without citing sources.
    The newspaper says Barclays is examining plans to spin off its investment banking arm, which could be floated in New York, with the U.K.-headquartered retail and commercial bank retaining its London listing.

    This is really nothing new, proposals in US/EU/UK are all along these lines, although no jurisdiction has yet finalized the proposal. If and when it does happen there will be some interesting spin off situations to be considered. Time to start working on some break up valuations me thinks.... of particular interest should be international banks with strong wealth management or retail divisions that are being held down by fears for their investment banking activities...


Advertisement