Barclays' CEO Looks Forward to Ending Restructuring

The CEO of Barclays, Jes Staley, discusses the bank's strategy to close non-core business units, focusing on core operations. He highlights the performance of fixed income and investment banking, noting market share gains. The separation from Barclays Africa is underway, with regulatory approval pending. The discussion also covers the US regulatory environment and the impact of Brexit on UK consumer confidence.

What was one of the main strategies Barclays implemented in 2016?

• Increasing investment in European retail banking

• Accelerating the closure of non-core business units

• Focusing solely on wealth management

• Expanding retail banking in Asia

How did Barclays' fixed income trading performance compare to some US rivals?

• It was not mentioned in the report

• It was on par with US rivals

• It significantly outperformed US rivals

• It rebounded less than some US rivals

What was Barclays' rank in investment banking revenues in the US in 2016?

• First

• Seventh

• Third

• Fifth

What is the ultimate goal of Barclays' separation from Barclays Africa?

• To merge with another African bank

• To deconsolidate its stake to a lower level

• To expand its African operations

• To increase its stake in Africa

How many basis points of CET1 capital is expected to be released from the separation from Africa?

• 75 basis points

• 50 basis points

• 125 basis points

• 100 basis points

What is Barclays' outlook on the US economy under President Trump?

• Nervous about potential changes

• Encouraged by the economic trajectory

• Indifferent to the changes

• Concerned about increased regulation

What has been the consumer response in the UK following the Brexit vote?

• Consumer spending and credit have increased

• Consumer spending has decreased

• Consumer credit has decreased

• There has been no change in consumer behavior