Anyone looking to
make an investment in
a bank is advised to look to
Barclays, according to The Share Centre.
Barclays reported that profits rose from £6.1bn to £11.6bn in 2009
and it increased its shareholder full year
dividend to 2.5p.
According to Nick Raynor,
investment adviser at The Share Centre, the
bank was already popular among shareholders because it sis not
take bailout money from the government.
He added: News that both the bank's chief executive and
president turned down a bonus for a second year in a row, goes to
show its management is well aware of its position and the
public's interest and concern over bonuses within the
sector.
However, Raynor also warned that there was some worry about the
exposure Barclays has to struggling European economies like
Portugal and
Ireland, as budget deficits there could impact British
institutions.
A survey of
investors with
Barclays Wealth has recently found that most are looking
towards
emerging markets such as India and
China for the best returns this year.
