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Barclays Plc



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3Vote!

Profit ‘Not Satanic,’ Barclays Says, After Goldman Invokes Jesus

Via: Bloomberg: Barclays Plc Chief Executive Officer John Varley stood at the wooden lectern in St. Martin-in-the- Fields on London’s Trafalgar Square last night and told the packed pews of the church that “profit is not satanic.” The 53-year-old head of Britain’s second-biggest bank said banks are the “backbone” of the economy. Rewarding high- performing bankers...

3Vote!

Nomura, Barclays lure bankers as rivals cap bonuses

Barclays Plc and Nomura Holdings Inc, which never ranked among the top 10 merger advisers worldwide in the past decade, are luring hundreds of bankers as competitors cut jobs and cap bonuses under government pressure.

3Vote!

Profit not satanic; bonus pay crucial to retain talent, says Barclays CEO

Barclays Plc chief executive officer John Varley stood at the wooden lectern in St Martin-in-the- Fields on London's Trafalgar Square last night and told the packed pews of the church that "profit is not satanic."

3Vote!

Apple's (AAPL) iPhone Only Sells 5000 Units in 1st Week of China Sales

For those of you who took an economics course at some point in life, I am happy to report "price elasticity" is still alive and kicking. It appears the $1000 price point for Apple's (AAPL) iPhone is a bit of an issue for the "middle class" of China, and this is for a phone without a service contract! The price tag for a 32GB iPhone 3GS in mainland China: 6,999 yuan, or $1,024, which...

3Vote!

Barclays Says Seegers Quit After Diamond Took Over Commercial Lending Unit

Nov. 3 (Bloomberg) -- Barclays Plc, Britain’s second- largest bank, said retail and commercial banking head Frits Seegers quit after the bank handed control of his commercial lending unit to President Robert Diamond.

3Vote!

Wall St Sense: WSM, HRP, YGE, BCS, XEL and ITUB Receives Analytical Coverage from WallStSense.com

NEW DELHI, INDIA (MARKET WIRE) Wallstsense.com is an online community with a dedicated team of analysts who are providing free in-depth research on North American equities. Our analysts have issued complimentary analysis on the following six companies: Williams-Sonoma Inc. (NYSE: WSM), HRPT Properties Trust (NYSE: HRP), Yingli Green Energy Holding Co. Ltd. (NYSE: YGE), Barclays plc (NYSE: BCS), Xcel...

3Vote!

Options best bet: Barclays

Investors should buy options on Chinese stocks while selling contracts on emerging-market shares because equity derivatives on the world's third-largest economy are cheap by comparison, Barclays Plc said. Maneesh Deshpande, who leads the top-ranked derivatives strategy team in Institutional Investor magazine's 2009 survey, recommended buying options on the iShares FTSE/Xinhua China 25 Index Fund, a...

4Vote!

Today In Handcuffs: Helmut Kiener Come On Down!

German police have arrested the founder of K1 Group, Helmut Kiener, in connection with an investigation into allegations of fraud at his hedge fund, a local prosecutor said. European and U.S. authorities are investigating allegations that K1 embezzled millions of dollars from several global banks, including J.P. Morgan Chase & Co., Barclays PLC, BNP Paribas SA and Societe Generale SA. Sponsored...

4Vote!

K1's Kiener, Salesman Turned Hedge Manager, at Center of $400 Million Loss

Oct. 28 (Bloomberg) -- Helmut Kiener went from selling advertising for telephone books and getting paid by the ad to starting a German hedge-fund firm that would eventually make bets using millions borrowed from such banks as Barclays Plc, JPMorgan Chase & Co. and BNP Paribas SA.

3Vote!

Treasuries Fall as U.S. Begins Record $123...

Treasuries Fall as U.S. Begins Record $123 Billion Note Sales By Cordell Eddings and Susanne Walker Oct. 26 (Bloomberg) -- Treasuries fell, with 10-year note yields touching their highest level in two months, as the U.S. began to sell a record $123 billion of notes to fund its stimulus program and record deficits. Government securities declined for a fourth day as the Treasury sold of $7 billion of...

3Vote!

Barclays remains PL sponsor

LONDON (AP) Barclays PLC agreed Friday to pay £82.25 million ($134.5 million) to sponsor England's Premier League for another three years from next season. One of the few major banks not to take part in the British government's multibillion pound bailout of the sector last year, Barclays has had naming rights to the league since 2004.

3Vote!

Barclays sponsors Premier League for 3 more years

LONDON - Barclays PLC has agreed to pay $134.5 million to sponsor England's Premier League for another three years. The financial services firm has had naming rights...

3Vote!

Barclays sponsors Premier League for 3 more years

Barclays PLC has agreed to pay $134.5 million to sponsor England's Premier League for another three years.

3Vote!

Barclays sponsors Premier League for 3 more years

Barclays PLC has agreed to pay $134.5 million to sponsor England's Premier League for another three years.

3Vote!

Barclays sponsors Premier League for 3 more years (AP)

Barclays PLC has agreed to pay $134.5 million to sponsor England's Premier League for another three years. The financial services firm has had naming rights to the league since 2004. It will pay 25 percent more than it paid for the previous three-year deal that expires at the end of this season. Premier League Chief [...]