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WHAT ARE YOU EXPECTING FROM BARCLAYS AND HSBC THIS WEEK?

<strong>DAVID BUIK BGC PARTNERS</strong><br />I&rsquo;m expecting both results to be exceptionally good, both Barclays and HSBC have been buoyed by investment banking. HSBC will likely make another significant writedown from its US consumer lending business which has been a noose around its neck.<br /><strong><br />JUSTIN URQUHART STEWART 7 INVESTMENT MANAGEMENT<br /></strong>These are going to be very good results and show the benefit both HSBC and Barclays have had in investment banking from buying up cheap assets and less competition. The good news for all of us is that these are big banks making big profits and paying big taxes.<br /><strong><br />KEITH BOWMAN HARGREAVES LANSDOWN<br /></strong>Profits for the third quarter period had proved consistent with that generated over the first half period. First half revenues (+37pc) and profits (+8pc) were boosted by BarCap. Extremely low interest rates and the contribution made from the purchase of selected parts of the Lehman Brothers business had aided performance. The more traditional banking business saw profits declining.