Barclays PLC

Visa Black Card Review

Ask Mr. Credit Card (Free subscription) | 11/17/2009

The Visa® Black Card by Barclays Bank was... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Tribune to Pay Outstanding Loan Balance of Syndicated Asset-Backed Facility

PR News Wire (Free subscription) | 11/10/2009

CHICAGO, Nov. 10 /PRNewswire/ -- Tribune Company announced today that it will pay back the entire $170 million loan outstanding under the Company's syndicated accounts receivable asset-backed Debtor-in-Possession (DIP) facility led by Barclays Bank PLC (Barclays). All lenders will be notified of Tribune's intent today.

Fitch: Change in Swap Counterparty to Barclays from AIG Would Not Affect Ratings of Six CDOs

Business Wire (Free subscription) | 08/24/2009

NEW YORK--(BUSINESS WIRE)--Fitch Ratings has been notified of the intention to change the interest-rate swap counterparty of six structured finance CDO transactions to Barclays Bank PLC (Barclays; rated 'AA-/F1+' with a Stable Outlook by Fitch) from AIG Financial Products Corp. (AIG; rated 'BBB/F1' with an Evolving Outlook by Fitch). Barclays will replace AIG as interest-rate swap counterparty for...

Barclays: Barclays Temporarily Suspends Further Issuance of iPath(R) Dow Jones-UBS Natural Gas Subindex Total Return(SM) Exchange Traded Notes

Market Wire (Free subscription) | 08/21/2009

NEW YORK, NY (MARKET WIRE) Barclays Bank PLC announced today that it has temporarily suspended any further issuances of iPath(R) Dow Jones-UBS Natural Gas Subindex Total Return(SM) Exchange Traded Notes (the "Notes"). The Notes trade on the NYSE Arca stock exchange under the ticker symbol "GAZ." This suspension may cause fluctuations in the trading value of such Notes. Daily redemptions...

Fitch: Change in Swap Counterparty Would Not Affect Ratings of 4 CDOs

Business Wire (Free subscription) | 08/06/2009

NEW YORK--(BUSINESS WIRE)--Fitch Ratings was notified of the intention to change the interest rate swap counterparty of four structured finance CDO transactions to Barclays Bank PLC (Barclays, rated 'AA-/F1+'; Outlook

Cramer on BloggingStocks: Private deals for regional banks would be a mistake

BloggingStocks (Free subscription) | 08/04/2009

Filed under: Market matters , JPMorgan Chase (JPM) , Bank of America (BAC) , Barclays plc ADS (BCS) , Wells Fargo (WFC) , Cramer on BloggingStocks From TheStreet.com Network UBS Posts Third Straight Quarterly Loss California Bank Failures Cost $15 Billion TheStreet.com's Jim Cramer says existing players would give better deals to the taxpayers here. If the FDIC is poised to split banks to lure buyers,...

For Barclays, dealmaking saves the day

BloggingStocks (Free subscription) | 08/03/2009

Filed under: JPMorgan Chase (JPM) , Goldman Sachs Group (GS) , Barclays plc ADS (BCS) Banking crisis? Well, banks continue to post profits. Look at Barclays PLC (NYSE: BCS ), which today reported a $3.15 billion profit for the first half of 2009. Why the growth? Interestingly enough, Barclays got a big boost from its investment banking division (which is focused on mergers & acquisitions, public...

Bank of America (BAC) NewsBite - BAC Gets Lift From BCS Earnings

MarketIntelligenceCenter.com (Free subscription) | 08/03/2009

Bank of America (NYSE: BAC) opened at $15.24. So far today, the stock has hit a low of $15.10 and a high of $15.55. BAC is now trading at $15.51, up $0.72 (4.87%). Over the last 52 weeks the stock has ranged from a low of $2.53 to a high of $39.50. Shares of BAC are rising with other banks today after European banking giant Barclays plc (BCS) reported a first-half profit of 1.89 billion pounds ($3.16...

Barclays profit up 8 percent, bad debts almost double

Financial24 (Free subscription) | 08/03/2009

LONDON Barclays Plc ...

Barclays Capital: Barclays Capital Announces the Creation of the US Aggregate Float Adjusted Index

Market Wire (Free subscription) | 07/30/2009

NEW YORK, NY (MARKET WIRE) Barclays Capital, the investment banking division of Barclays Bank PLC and publisher of leading broad market bond benchmarks, today announced the launch of the US Aggregate Float Adjusted Index, a new benchmark of the dollar denominated investment grade bond market that excludes Treasuries, agencies and MBS held in Federal Reserve accounts. The new index will be published...

Barclays says bondholders agree to $340 mln in bond exchange

Financial24 (Free subscription) | 07/21/2009

LONDON, July 21 - Barclays PLC: Says U.S unit, Barclays USD Financing Ltd, bondholders agree to exchange offer for $340 million subordinated bonds out of $438.7 million outstanding . Says holders of upper tier 2 bonds will get $271.8 million o ...

Finance pros continue their exodus

BloggingStocks (Free subscription) | 07/20/2009

Filed under: Management , Barclays plc ADS (BCS) For many top operators in high-finance, it's getting tough to snag nice paydays, especially for those who work for major firms. What to do? The answer is easy: leave. In today's world, this is fairly straightforward. After all, office space is cheap. And with the Internet and outsourcing, it doesn't take much to put together an infrastructure Just take...

Fitch: Change in Swap Counterparty Would Not Affect Ratings of Davis Square Funding III

Business Wire (Free subscription) | 07/15/2009

NEW YORK--(BUSINESS WIRE)--Davis Square Funding III Ltd./Corp (Davis Square III), notified Fitch Ratings of its intention to change the interest rate swap counterparty of the transaction to Barclays Bank PLC (rated

• Fitch: Change in Swap Counterparty Would Not Affect Ratings of Davis Square Funding III - Financial24

US Dollar Collapse: Jim Rogers Sells Dollars, Plans to Short Treasuries RMK.v, TNR.v, CGH.to, ASM.v, KTN.v, EPZ.v, AMM.to, SGC.v, HUI, XAU, DXY, FST.v

Sufiy. (Free subscription) | 07/06/2009

" India Joins Russia, China in Questioning U.S. Dollar Dominance Jim Rogers Sells Dollars, Plans to Short Treasuries July 6 (Bloomberg) -- The dollar and U.S. Treasuries are both likely to slide as soaring government debt in the world’s biggest economy undermines confidence in its assets, according to Jim Rogers , chairman of Rogers Holdings . “The government is printing lots of money...

The World’s 25 Most Profitable Banks in 2008

SeekingAlpha.com (Free subscription) | 07/02/2009

David Hunkar submits: The following are the 25 most profitable banks in the world based on their 2008 earnings as per The Banker magazine: Rank Bank Country Ticker 1 ICBC China 2 China Construction Bank Corp China 3 Santander Central Hispano Spain STD 4 Bank of China China 5 BBVA Spain BBV 6 HSBC Holdings UK HBC 7 Barclays Bank UK BCS 8 Agricultural Bank of China China 9 UniCredit Italy 10 Royal Bank...