Barclays (BCS +2.8%) gets a boost from positive comments by Morgan Stanley, saying in a note to...

|About: Barclays PLC (BCS)|By:, SA News Editor

Barclays (BCS +2.8%) gets a boost from positive comments by Morgan Stanley, saying in a note to clients that the effects of a potential ring fence of UK banks' retail activities look "overly pessimistic." Morgan sees a small potential hit to Barclay's 2014 pretax profits, but expects any implementation of the proposal to be diluted, and pushed out as late as 2019.