Barclays' CEO on Earnings, PPI Charges, Consumer Credit

The transcript discusses Barclays' investment bank performance, highlighting successes in advisory and underwriting but noting challenges in FX trading. Legal issues with the SFO and DOJ are acknowledged, alongside financial charges related to PPI. Barclays addresses consumer credit concerns in the UK, emphasizing technology and customer relationships. The impact of Brexit and potential US-UK trade deals on Barclays' strategy is also explored.

What area of Barclays' investment banking showed strong performance in the first half of the year?

• FX trading

• Debt underwriting

• Rates trading

• Currency trading

What is Barclays' stance on the ongoing legal investigations?

• They are not concerned about them.

• They want to resolve them quickly.

• They are ignoring them.

• They have already resolved them.

How has Barclays responded to the Bank of England's concerns about consumer credit?

• By reducing interest rates

• By adjusting underwriting standards

• By ignoring the concerns

• By increasing credit limits

What percentage of the UK's GDP goes through Barclays' payment systems daily?

• 40%

• 10%

• 20%

• 30%

What is Barclays' view on the potential impact of Brexit?

• It will be very complicated.

• It will only affect the US market.

• It will have no impact.

• It will be simple and straightforward.

What does Barclays hope to achieve with a US-UK trade agreement?

• Increased tariffs

• Reduced trade

• A robust free trade agreement

• More regulations

What is Barclays' position on the UK Government's stance on free trade?

• They support it.

• They are indifferent.

• They oppose it.

• They are unaware of it.