Barclays: A page to be updated

[umslopogaas]

Cant remember where I saw this:

Besuited Financial Advisor: "Dont put all your eggs in one basket!"

Sad-Looking Customer: "But I've only got one egg ..."

[ahinton]

My "other" billions are in other... baskets, ahinton.

Ah - well, you didn't say that before!

[ahinton]

Cant remember where I saw this:

Besuited Financial Advisor: "Dont put all your eggs in one basket!"

Sad-Looking Customer: "But I've only got one egg ..."

Yes, that's an old one that nevertheless wears well despite its age - but does not, of course, apply to S-A or anyone else with billions to their names...

[amateur51]

Latest news from Barclays ....

on the day they announce that the bank had beaten profit predictions with pre-tax profits running at £759m of pre-tax profits, down 71% from the £2.6bn of profits last year, leading to Barclays shares being the biggest rises in the FTSE 100 in early trading, up 4.2% at 160.32p, the FSA reveals that Barclays' only remaining executive director, finance director Chris Lucas is under investigation by the Financial Services Authority (FSA) in relation to funds raised in 2008.

http://www.guardian.co.uk/business/2012/jul/27/barclays-finance-chief-investigated-fsa-fundraising

the FSA believed not all the fees had not been disclosed in £7.3bn of fundraising mainly from Middle Eastern investors during the 2008 financial crisis. The fundraising helped the bank avoid a bailout by the taxpayer.

The bank said the FSA had "commenced an investigation involving Barclays and four current and former senior employees, including Chris Lucas".