Barclays, Banks and Brexit's Business Impact

The video discusses the potential impact of Brexit on Barclays and other UK banks, focusing on investment banking and credit card exposure. It highlights Barclays' strategy under CEO Staley, who aims to maintain a strong investment bank presence in Europe. The political and economic implications of Brexit are also explored, with concerns about spending, home values, and business confidence.

What is one of the main concerns for Barclays regarding Brexit?

• Loss of passporting rights

• Increase in investment banking revenue

• Reduction in operational costs

• Expansion into the American market

What strategy has Mr. Staley decided to pursue for Barclays?

• Exiting the European market

• Maintaining a strong investment bank in Europe

• Focusing solely on African markets

• Shrinking the investment bank

What did the former chancellor, Mr. Darling, describe as 'absolute madness'?

• Reducing credit card exposure

• Investing in American firms

• Increasing home values

• Taking a gamble on Brexit

How might Brexit affect banks with large credit card exposure in the UK?

• Increase in credit card usage

• Decrease in spending

• Stability in the credit market

• Growth in home values

Which banks might be affected if Brexit impacts home values?

• American investment banks

• African market-focused banks

• Large multinational banks

• Challenger banks