Dear MBAH Kerbau Eropa memberi sinyal Positif hari ini. Barclays Writes Down $11 Billion, Won't Seek Capital (Update2) Email<?Subject=Bloomberg%20news:%20%20Barclays%20Writes%20Down%20$11%20Billion,%20Won%E2%80%99t%20Seek%20Capital%20%28Update2%29%20&body=%20Barclays%20Writes%20Down%20$11%20Billion,%20Won%E2%80%99t%20Seek%20Capital%20%28Update2%29%20%0D%0A%0D%0A%20http%3A//www.bloomberg.com/apps/news%3Fpid%3Demail_en%26refer=home%26sid%3DadVG5hutkuYM>| Print<http://www.bloomberg.com/apps/news?pid=20601087&sid=adVG5hutkuYM&refer=home#>| A<http://www.bloomberg.com/apps/news?pid=20601087&sid=adVG5hutkuYM&refer=home#> A<http://www.bloomberg.com/apps/news?pid=20601087&sid=adVG5hutkuYM&refer=home#> A<http://www.bloomberg.com/apps/news?pid=20601087&sid=adVG5hutkuYM&refer=home#>
By Jon Menon Jan. 26 (Bloomberg) -- Barclays Plc<http://www.bloomberg.com/apps/quote?ticker=BARC%3ALN>, the U.K. bank that declined taking money from the government, wrote down about 8 billion pounds ($11 billion) of credit assets in 2008 and said rising revenue precludes the need to raise more capital. Barclays jumped as much as 31 percent in London trading after saying its investment bank and the Lehman Brothers Holdings North American assets acquired last year are driving profit, and "record revenue" will cover writedowns. The bank exceeds regulators' capital requirement by 17 billion pounds, it said in a statement. "These figures demonstrate that although we have been heavily impacted by the credit crunch, our income generation was at a record level in 2008 and has enabled us to withstand this impact and still produce strong profits," Chairman Marcus Agius <http://search.bloomberg.com/search?q=Marcus+Agius%0A&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1>and Chief Executive Officer John Varley<http://search.bloomberg.com/search?q=John+Varley&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1>said in an open letter. The statement is Barclays's latest attempt to calm investor concerns after its shares fell 66 percent this month in London trading<http://www.bloomberg.com/apps/quote?ticker=BARC%3ALN>. Barclays plans to release earnings on Feb. 9, ahead of the originally scheduled Feb. 17, and reiterated that 2008 pretax profit will exceed 5.3 billion pounds. Edinburgh-based Royal Bank of Scotland Group Plc last week said it may post a loss of 28 billion pounds in 2008. Barclays was up 28 percent at 65.4 pence as of 8:25 a.m. in London, valuing the bank at 5.5 billion pounds and reducing this year's decline to 56 percent. Barclays Capital The bank said it has 36 billion pounds of equity capital and reserves and generated "strong" income from Barclays Capital, retail and commercial banking, fund management and private banking. Profit was lifted by the bank's acquisition of assets for Lehman Brothers Holdings Inc.'s U.S. operation and a gain of the sale of a life insurance unit, Barclays said. Varley said in a broadcast last week that the bank would prefer to pay cash to use the U.K.'s plan announced this week to guarantee toxic assets. Investors had worried that the 319-year- old bank would have to give up more control to Middle East investors if it's forced to seek additional capital. Abu Dhabi's royal family and two Qatari investors purchased a 32 percent stake in October after Barclays decided against accepting funds from the British government. Barclays's agreements stipulate it must offer additional shares at the discounted price to the Middle East group before accepting any money from the U.K. The provisions, intended to prevent the dilution of the 32 percent stake, wouldn't stop the company from taking up assistance from the U.K. government, Barclays spokesman Alistair Smith<http://search.bloomberg.com/search?q=Alistair+Smith&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1>said last week. Other investors who bought Barclays convertible notes have similar protection, he said. RBS will give the government a 70 percent stake after saying Jan. 19 that writedowns of as much as 20 billion pounds will mean the biggest loss in U.K. history. Lloyds Bank Group Plc, 43 percent owned by the U.K., rejected the government's offer to increase its stake. To contact the reporter on this story: Jon Menon<http://search.bloomberg.com/search?q=Jon+Menon&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1>in London at jmen...@bloomberg.net *Last Updated: January 26, 2009 03:16 EST* Pada 26 Januari 2009 16:10, jsx_consultant <jsx-consult...@centrin.net.id>menulis: > --- In obrolan-bandar@yahoogroups.com <obrolan-bandar%40yahoogroups.com>, > Rei <highwaysta...@...> wrote: > > > > Mbah, ada pasukan khusus menyambut imlek? [?] > > > > Kerbau JKT says: YES, WE CAN.... > > Waiting confirmation from Kerbau Obama (USA BULL) > > http://www.obrolanbandar.com/yes_we_can.htm > > >
