Barclays
Article Abstract:
Barclays was affected by the world financial crisis and problems in Russia in 1998, and cut costs. The bank's fortunes revived after the appointment if Matthew Barrett to the post of chief executive. There are rumors of a bid for Abbey National, and the bank also plans to increase its mortgage business. Credit Lyonnais and Fox-Pitt, Kelton both rate tha bank's stocks a buy, while Teather and Greenwood rate them an add. The bank plans to reduce costs further, and is involved in a stock buyback program.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 2000
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Barclays
Article Abstract:
Barclays should benefit from its planned acquisition if Woolwich, though there is a risk that it could pay too much for this acquisition. Barclays' banking operations are performing well.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
Barclays
Article Abstract:
Barclays has strong loan growth and has made cost savings from acquiring Woolwich.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 2001
User Contributions:
Comment about this article or add new information about this topic: