|   FM Home  |   FM Forum  |   FM News  |   FM Blog  |  

Go Back   Finance & Money Forums > Finance > Banking



FAQ Members List Calendar Search Today's Posts Mark Forums Read

Banking Discussions about banking andand saving directly with your bank.

Reply
 
Thread Tools
  #1 (permalink)  
Old 08-08-2008, 12:23 AM
Finance News's Avatar
Senior Member
 
Join Date: Sep 2007
Posts: 3,713
Post Barclays posts 33% fall in first-half profits

Barclays Bank has today revealed that pre-tax profits fell 33% in the first six months to the end of June following more write-downs.Barclays made £2.75 billion, compared with £4.1 billion in the same period last year.John Varley, chief executive of Barclays, described the results as disappointing and apologised to shareholders who have had to endure [...]

More: Barclays posts 33% fall in first-half profits
Reply With Quote
  #2 (permalink)  
Old 08-08-2008, 10:51 AM
Member
 
Join Date: Aug 2008
Posts: 43
Default Re: Barclays posts 33% fall in first-half profits

A billion year, a billion there, pretty soon you're talking about real money.
- Everett Dirksen

I watched the CNBC interview with the CEO. he was actually quite upbeat compared to many who have been interviewed from the banks. May be some value to be had in their shares..
Reply With Quote
  #3 (permalink)  
Old 08-09-2008, 10:51 AM
brian's Avatar
Administrator
 
Join Date: Mar 2006
Posts: 811
Default Re: Barclays posts 33% fall in first-half profits

If you look at Barclay's pricing from 5 years ago, I think there is clearly room for growth.

Same with all the UK banks, actually.
Reply With Quote
  #4 (permalink)  
Old 08-11-2008, 04:17 PM
Finance Market forums
 
Join Date: Aug 2008
Location: Indore, India
Posts: 15
Default Re: Barclays posts 33% fall in first-half profits

It is Shocking to know that profits have gone down, instead of their new partnerships and ventures in many new developing countries. i thought they must be making huge profits
vik
Reply With Quote
Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Fortis announces profits fall of 40% Finance News Banking 0 08-04-2008 10:42 PM
Goldman Sachs reports 11% fall in profits Finance News Banking 1 07-06-2008 02:14 PM
Increased fears about credit squeeze as Co-op Bank’s profits fall Finance News Banking 0 04-04-2008 07:28 PM
Aviva reveals fall in profits due to bad weather Finance News Insurance 0 03-03-2008 10:57 PM
Deutsche Bank posts 47% fall in profits Finance News Banking 0 02-07-2008 11:23 AM


All times are GMT +1. The time now is 07:35 AM.


Powered by vBulletin® Version 3.8.2
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.1.0

© 2005-2011 Finance Markets. All rights reserved  |  About  |  Disclaimer  |  Resources  |  XML Feed  |  Contact us