Banks

Last week, Barclays (LSE:BARC) officially announced the appointment of Sir David Walker as its new chairman.  He will become one of the bank’s directors on 1 September and replace current Chairman Marcus Agius on 1 November. Sir David Walker has extensive experience in investment banking as well as government and regulations.  He has spent time […]

Barclays (LSE:BARC) can’t seem to stay out of the news, but some days that’s not all bad.  Last evening, 09 August, the bank announced that Sir David Walker had accepted its invitation to take over as chairman of the troubled institution.  A positive reaction from investors was indicated by a 3.32% increase in the bank’s […]

Standard Chartered Bank (LSE:STAN) share price dropped a whopping 23.47% by noon today. Shareholders are leaving like rats on a sinking ship.  With the share price sinking by 345.00p to 1,125 on a volume of nearly 54 million shares, the company has lost more than £11.5 billion in market value in a matter of a […]

The Company shares have not been going in a clear direction since the middle of June 2012. After a recently bear market, Lloyds Group’s stock has been raging in a vivid equilibrium zone till now. Nonetheless, there is an interesting formation on the company price chart as explained below, for further southward plunge has been […]

Investors have been regaining a measure of confidence in the revealed intentions and recent actions of the leadership of Barclays (LSE:BARC).  Reports surfacing today indicated that the board may be about to restructure its executive bonus plan.  Share price was up 2.92% from 171.35 at Friday’s close to 176.35 at midday.   This stock has been […]

RBS (LSE:RBS) share price was up this morning by 9.00p from yesterday’s close of 204.50.  Whilst 213.50 is not the bank’s highest mark for the year, neither is it its lowest.  The increase follows the bank’s report of its half year results. Not All Bad News Is Bad News When an interim report is so […]

This company stock (LSE:RBS) is currently at a turning point (a rally to be precise) as would be shown in the technical explanation below. However, the overall trend in this year has been largely southward. The stock had been falling before the rally that happened in late July 2012 began. Seeing this, institutional traders could […]

The company stock has been bearish in 2012 and has continued to be so. Many fundamental reasons are responsible for this, some of which are directly and indirectly related to Barclays itself. Verba volant, scripta manent (words fly away, writings remain), as scholars agree. The primary trend is down, and mean reversion techniques could be […]

Barclays plc (LSE:BARC) Chairman, Marcus Agius, apologised on behalf of the universal bank once again, for the scandals that not only hit it but the greater UK financial sector in the past weeks, as the company reported its half year results. Sorry may seem be the hardest word but that’s probably the only appropriate thing […]

Investors responded fairly well to Lloyds Banking Group’s (LSE:LLOY) first half report, even though the company reported a net loss of £676 million.  Share price was up 0.32 pence to 29.60 by 1:00 pm, having peaked at 29.86 at the noon hour. No Magic Wands With the problems facing the banking sector in general and […]