Barclays Raises Writedowns, CEO Optimistic
Story date: 2008-02-19 01:51:00
Added on: 2008-02-19 02:44:19
CNBC - Barclays had previously announced a 1.3 billion pound net write-down on assets linked to U.S. sub-prime mortgages, which ... Barclays said it benefited from its diversity and had coped well with credit market turbulence in the second half of 2007. ...
Read more...
Related Stories:
-
Barclays H1 profit down 33 pct on $4 bln writedown (The Economic Times)
Barclays Plc reported a 33 percent drop in first-half profits after taking a 2 billion pound writedown on the value of risky...
2008-08-07 03:55:12 -
Barclays May Face 7.5 Billion-Pound Capital Shortfall (Update2) (Bloomberg.com)
Sept. 3 (Bloomberg) -- Barclays Plc , the U.K.'s third- biggest bank, may need to raise as much as 7.5 billion pounds...
2008-09-03 05:52:28 -
Barclays ups write-down to $3.1 billion (MSN Money Canada)
LONDON (Reuters) - Barclays Plc (BARC.L), Britain's third-biggest bank, raised its 2007 write-down on the value of risky assets to 1.6 billion...
2008-02-19 01:27:21 -
Barclays takes 1.3 billion-pound hit in credit crunch (AFP via Yahoo! News)
Barclays bank on Thursday became the latest high profile financial institution to announce hefty losses linked to the US subprime mortgage...
2007-11-15 02:40:41 -
Barclays Profit Falls After $3.3 Billion Writedown (Update4) - Bloomberg
May 15 (Bloomberg) -- Barclays Plc , the U.K.'s third-biggest bank, reported a drop in first-quarter earnings because of 1.7 billion pounds...
2008-05-15 03:14:00 -
RBS unveils rights issue after fresh hit (The Globe and Mail)
LONDON (Reuters) - Royal Bank of Scotland unveiled a record 12 billion pound ($24 billion) rights issue to cover a potential 5.9...
2008-04-22 03:26:05 -
Barclays agrees to buy some Lehman assets - International Herald Tribune
LONDON : Barclays, the British bank, agreed on Tuesday to buy the broker-dealer business of the investment bank Lehman Brothers, which filed...
2008-09-16 01:37:00 -
Barclays, others see more writedowns (The Bellingham Herald)
A High Street branch of Barclays Bank, in Wallington, England is seen in this Feb. 20, 2007 file photo. Barclays, Wells Fargo...
2007-11-15 02:05:35
