SGX Watch

SGX Watch: – Northern Rock’s Ron Sandler is right not to pass on rate cut – Daily Telegraph

Barclays rubbishes rumours of RBS-style rights issue – The Independent
Barclays Bank has ridiculed suggestions that it is planning an imminent rights issue, as it attempts to draw a clear line between its own position and that of Royal Bank of Scotland. Marcus Agius, the chairman, and John Varley, the chief executive
Source: www.independent.co.uk

Barclays Made Profit in Securities in First Quarter (Update7) – Bloomberg
April 24 (Bloomberg) — Barclays Plc , the U.K.’s third- largest bank, said first-quarter profit at its securities unit was “well below” a year earlier, even though it avoided the losses posted by UBS AG, Credit Suisse Group and Citigroup Inc
Source: www.bloomberg.com

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