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Barclay’s possible merger with Standard Chartered
Posted: 23 May 2018 06:15:13(UTC)

Joined: 09/10/2016(UTC)
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Mergers and acquisitions have become a popular business strategy for companies looking to expand into new markets, gain a competitive edge, or acquire new technologies and skill sets and so on. This also can result in synergies that offer real value for both the acquired and the acquiring.

I heard Barclay is planning to merge with Standard Chartered. Standard Chartered shares have surged in Hong Kong.

Will above possible merger bring synergy to them? Thanks.
2 users thanked Dian for this post.
Sara G on 23/05/2018(UTC), Mr Helpful on 23/05/2018(UTC)
Keith Cobby
Posted: 23 May 2018 07:46:01(UTC)

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Good move if it happens. Would give them a bigger asian footprint like HSBC. Lloyds/Natwest domestic banks now.
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Dian on 23/05/2018(UTC)
Sara G
Posted: 23 May 2018 07:47:18(UTC)

Joined: 07/05/2015(UTC)
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According to Bloomberg the key motivation for Barclays is to defend themselves against pressure from Edward Bramson. I recall Terry Smith saying that he doesn't like it when firms react to activist investor pressure in this way.

NB Personally I don't buy UK bank shares currently as I have enough exposure via TMPL so am steering clear in any case.
2 users thanked Sara G for this post.
Dian on 23/05/2018(UTC), Mr Helpful on 23/05/2018(UTC)
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