Member Info for kassam83

Do you hold a large holding in Barc?

What other shares do you hold

I think dividends will be resumed from next year, however at a minimal pay out just to please shareholders. I do not think we will see the dividends we have missed being paid.

6p final dividend for year end 2019, nor anything being paid for this year 2020.

What does everyone else think?

Article in the Times "Lenders face longer ban on dividends"

That's not good if its true

I feel NWG and LLoyds results will drag Barc down again, they are going to need very strong results from retail banking as they do not have the income stream from investment banking as with Barc. Investment banking was a saviour in the results Barc presented.

Lets hope Barc can start to increase from here. How many times has the SP gone back, it seems like it can not sustain any increase, always disappointing.

Is it going to be....

Up Up and Away

Or

Crash Bang Wallop

Bankers, lawyers, accountants and public relations advisers are in line for fees of more than £300m if GardaWorld succeeds in its hostile bid for G4S.

Six banks are due to share up to £180m for arranging financing for the £3bn bid. Of those, Barclays, UBS, Bank of America and Jefferies are due to split up to £100m more in advisory and broking fees.

Would anyone be able to answer this question.

Did Barc use up all of the provisions it had made to cover the PPI mess?

I believe Barclays allocated a total of just over 11 billion.

Barclays' second-quarter results was the investment banking arm, which put in a strong performance, Investors will again hope for some good news from the division, which is expected to deliver profits of £634m.

Russ Mould, at AJ Bell, said analysts predict a provision of about £1billion. 'To accentuate the positive, that would at least be a big drop from the numbers in the first and second quarters,' he adds.

LONDON (Reuters) - The bosses of European banks Barclays and Santander have called on regulators to allow lenders to restart payouts to shareholders after blocking them due to the COVID-19 pandemic, saying they boost confidence in the broader economy.

"Being able to distribute excess capital is very important if the broader economy is going to have confidence in its financial system," Barclays CEO Jes Staley told the Institute of International Finance online event.

Santander chairman Ana Botin added: "Going back to dividends is going to help the economy because it helps the flow of capital, it lowers the cost of equity, so I would like to put on that the table as something to be considered very seriously by global regulators."

Any thoughts if Barc will pay a final divi for the year?

just as you think SP has made some progress, back down it goes. Typical. Seems like there's nothing positive about Barc at all

https://www.bloombergquint.com/business/european-m-a-to-end-year-on-high-note-top-barclays-banker-says

There's a few big deals for barc

I doubt very much Barc will reinstate 9p divi, would not be surprised if they went back to 3p

It's a real shame, the Barclays share price does not reflect the true value of the bank.

Barclays has been named the 'World’s Best Bank for Markets' in Euromoney’s annual global Awards for Excellence 2020. This is the first time Barclays has won this prestigious award which recognises the transformation of the investment bank’s sales, trading, and structuring business.

I'm not bitter, not at all, far from it. We shall wait and see what happens, time will tell. Surely to any business minded person keeping any part of a business which is unprofitable makes very little sense, regardless.

A takeover by Kretinsky , he could easily do that, sell of the profitable assets, keep GLS and let the whoever the government, the unions keep the loss making postal service, good riddance as far as I am concerned. Good for all shareholders.

Break up and asset strip seems more than likely now, certainly would not surprise me

Goldman Sachs and Barclays are reportedly among bidders for General Motors credit card unit.

The two banks are among a small number of suitors for the car company’s credit card business which has about $3bn (£2.3bn) in outstanding balances, according to The Wall Street Journal.

Oh dear, this blue eagle has lost it's wings