BNP Paribas is likely to be suspended from converting foreign currencies to dollars on behalf of clients in some businesses for as long as a year. This would be an untested and severe penalty for the French bank accused of persistently violating U.S. sanctions laws.
Will Barclays just be fined or could they suffer a similar suspension from trading in Securities?
Considering Barclays ‘colourful’ history what are the odds on a severe penalty this time?
..........tomorrow I'll guess (that's all anyone's doing) that we'll see a further drop in to tomorrow. HOWEVER, even with shorts in place I may open a long just before close tomorrow and take a punt (that's what it'll be) on the quite regular Barcs Monday morning rise. We'll see. If it DOES rise on Monday morning please don't jump in - often drops back after mid morning.
I hope your right, Can you remember Conaouht that went from an amazing housing serviv=ces provider form years to 0 in a month with all the vans and employees and investors lossing thier money the ex bosses are ok thats the main thing. Please dont take this wrongly I am trying to save you money just wait there maybe a better chance to buy if that is your thought
I'd still say that the bottom of the channel is around 214/212, so little more to go before it steadies, which will be the reciprocal decline from the previous head/neck. Unfortunately there is still the prospect of more fines/litigation out there for forex, etc, so who knows, however most of the big ones will be out of the way before year end (I hope). The FD did warn that this year results could be affected by litigation, hence keeping the dividend in check was the right call so far. But all in all a reasonable buying opportunity at these levels.
the board were so wonderful told me what I wanted hear I left feeling grateful to have been there. They can have my vote this time. I hope to go again and vote the same way but only after they tell me what I want to hear.
Very unwise. Uncertainty is for speculators, who borrow and then dump. They do not have your staying power, so I hope you are proved right, ultimately. Nonetheless, I would still prefer to take a step back and wait see what happens.
Sorry I don't know the name, at the moment it was advertised on tv. Probaby bloomberg they intervue lots of extraders. I am not sure if I could post the persons info. you can find it easily on google. Hpoe it helps
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