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Barclays shares drop like a stone after shock news

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Comments

  • block10
    block10 Posts: 221 Forumite
    Part of the Furniture 100 Posts Photogenic Combo Breaker
    Well even Deutsche Bank, which has a larger exposure to Russia has performed better over the last year.

    Perhaps Barclays is oversold, but it doesnt seem to be in control of costs, reputation etc.

    The Barclaycard division has been a star, but not sure if this is sustainable.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    HSBC has performed better. Yet it's share price is still falling.

    Banks are getting fined left right and centre.

    Rumours are that FX trading is going to make a bigger hit than LIBOR rigging.
  • grizzly1911
    grizzly1911 Posts: 9,965 Forumite
    edited 15 March 2014 at 12:49AM
    Thrugelmir wrote: »
    Of course he will. Change takes time. Other banks are well down over past year as well.

    Really - hasn't been this low since Nov 12. Is that just doiwen to the dilution?

    Is this the worst performing global bank in the world at present or is that just as rumour?

    Has her got time in the world we now live in?
    "If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....

    "big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Really - hasn't been this low since Nov 12. Is that just doiwen to the dilution?

    Is this the worst performing global bank in the world at present or is that just as rumour?

    Has her got time in the world we now live in?

    HSBC is currently down 22% on its 52 week high.

    Barclays 25%

    Standard Chartered 32%

    RBS 31%

    Doesn't appear as if Barclays is performing that badly..........
  • block10
    block10 Posts: 221 Forumite
    Part of the Furniture 100 Posts Photogenic Combo Breaker
    Thrugelmir wrote: »
    HSBC is currently down 22% on its 52 week high.

    Barclays 25%

    Standard Chartered 32%

    RBS 31%

    Doesn't appear as if Barclays is performing that badly..........

    This doesn't clear Barclays.

    HSBC & SC have taken a hit because of a reliance on Emerging markets. This may or may not come to pass

    Barclays is facing major concerns about leadership and inability to control costs within its IB division.
  • grizzly1911
    grizzly1911 Posts: 9,965 Forumite
    Thrugelmir wrote: »
    HSBC is currently down 22% on its 52 week high.

    Barclays 25%

    Standard Chartered 32%

    RBS 31%

    Doesn't appear as if Barclays is performing that badly..........

    Thanks thrug. Lumping it in with RBS gives much comfort.:eek:

    Aren't the other too hamstrung with their far east ties?
    "If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....

    "big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham
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