Barclays PLC Marketing Document Released As Bank Shunned

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Mark Melin
Published on
Updated on

As ZeroHedge released a copy of the Barclays PLC (ADR) (NYSE:BCS) (LON:BARC) questionable marketing document and New York Attorney General Eric Schneiderman’s charges of fraud have been digested, the bank is being shunned by clients, according to several media Deutsche Bank and Credit Suisse withdrew from participation in the firm’s dark pool A report in the Financial Times says that Deutsche Bank AG (NYSE:DB) (ETR:DBK) and Credit Suisse Group AG (ADR) (NYSE:CS) were among the institutional players to withdraw from participation in the firm’s dark pool.  This comes after Wall Street establishment titans such as Goldman Sachs Group Inc (NYSE:GS), Morgan Stanley (NYSE:MS) and JPMorgan Chase…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.