Breakingviews: Despite progress, Barclays to face more pain
Wednesday, October 30, 2013 - 04:31
Oct. 30 - Unless Barclays wants to curb dividend payouts, it may have to cut its investment bank again, argues Breakingviews.
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So the clouds hanging at the box he's mean more constant comes as voice is breaking views and horses in the false claim to folks on the final -- and that's. According to a common senses. What do you think of that interest groups like dogs -- -- vision -- upon is that. Pro joins generate a rubber on the investment. Investment banking problem. Continues its and a poor properties. That this FX trading scandal I'm if things don't any easy -- -- That they haven't done something -- but I -- sort of which a couple of little bit errors because that the united. It is tough markets but underlying. Results here -- please. All too bad enough -- -- says are up a couple of put his put back. To reflect that so you know actually it's important to recognize that this is not to -- is -- today full -- -- police have told. But let's -- CIA society there are some clouds -- -- and I'm not really guy's life. An entity that -- as well that sounds which are kind of the whole banking sentence and a golf speak that night in the capital out of them apart. We spent -- minutes that its -- appears com it's the worst profit on the least since the end of 2011. It depends how you calculate these thing. And I senator Jeff could -- that's. But. Enough insults. -- The and yes he consent but you have to wait a couple of the numbers. Indeed it is -- is it leads to confusion on human so you can to a level we think that you know underlying. It's not too bad but. What what these perplexing loss. A school what will question is whether politics has enough capital and -- is particularly Putnam -- and could he just held -- -- -- And now -- badly a couple weeks couple of months down the line. You know that there are some noises coming out. Those views that what upset to do something else -- distress. That's not a not a rights issue but in my capsule fiddler Rambus capital ratios. In order to make sure that it happened enough money to. Meet. Greg electrified the -- coming down the road and to date -- kind of the start late. Moving -- of the UMass. Well it's that. Big big -- for the best of our it would be a function of all. The capital -- say it needs to hold capital against its investment bank in activities. I know of the comments in tipping into bluntly that cut. Capital side it might have to stand down its investment -- activity so it's it's a different kind of counting if you like it's a paying less aggressive. Guy off to -- less business -- because I don't have the capital to it -- to back or Mitchell. Okay I'm quite -- on folks talking from. Portion experience that's disguising some weakness that its. -- that folks are and and it's the mass market brands and other wrongdoings and yeah that but I -- you and I drive it a foot putt. It uses funniest things aren't asset markets I don't threesome insulting today -- could -- debate -- right yes. Hello I I -- -- like it was a very -- market treatment but -- -- -- that -- -- that I was gonna have -- -- look at this -- wouldn't -- right well it's not surprisingly you know Europe is a great place economically. And it's that doesn't seem to have stopped sort of mass market brands -- a bit slow. Courses -- fondness back because by this is presumably. Are also coming through the -- but I am thinking about this is that the doubt there is the both are gonna take you really caught up aggressive and ambitious. Plan to rebound that production processes sharing -- parts across brands and across markets clearly the hope is going to increase operating efficiencies. -- substantially. But dangerous is that -- somehow it catches grabs on the lights and it does this beast and some convincing done about votes -- but I think I think he's on it's on the right track actually -- Packet you can -- those -- goes on the breaking news website from all agenda setting aside what's our US break and be sure everybody talked birdies in seventeen that he GMC. -- truffle is is what it's.
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