Barclays Is `Running Free' of Legacy Issues, CEO Staley Says

The CEO of Barclays discusses the bank's strong quarterly performance, highlighting a 32% increase in equity markets and a 12.3% return on tangible equity. The investment banking sector showed significant growth, with equities up 37%. The bank is now free from legacy issues and is focusing on a diversified strategy. Shareholder relations are positive, with plans for future dividends and stock buybacks. The bank is preparing for Brexit and potential economic risks as central banks adjust monetary policies.

What was the return on tangible equity for Barclays in the discussed quarter?

• 8.7%

• 12.3%

• 10.5%

• 15.0%

How much did the overall markets revenue for Barclays' investment bank increase?

• 5%

• 20%

• 10%

• 15%

What percentage increase did Barclays' equities group experience?

• 25%

• 40%

• 30%

• 37%

What is the significance of Barclays being 'free from legacy issues'?

• It means the bank has no more restructuring costs.

• It indicates a decrease in market share.

• It suggests a reduction in investment banking activities.

• It implies a focus on UK operations only.

What percentage of Barclays' business comes from the US?

• 30%

• 40%

• 50%

• 60%

What is Barclays' strategy regarding a potential no-deal Brexit?

• To increase investment in Asia.

• To halt all European operations.

• To establish a subsidiary bank in Ireland.

• To focus solely on UK operations.

What is considered the biggest downside risk for Barclays in the second half of the year?

• Brexit

• Central banks moving away from quantitative easing

• Increased competition from US banks

• Rising inflation rates