Barclays Said to Renew U.S. Talks on Toxic Mortgages

Barclays was in prolonged negotiations with the DOJ over a settlement, which initially broke down. After 10 months, both parties are reconsidering settlement to avoid a lengthy trial. The situation has affected Barclays' shares and client trust. Political changes, such as the transition from the Obama to Trump administration, may influence the legal proceedings. Barclays' decision to fight rather than settle contrasts with other banks like Deutsche Bank, and the outcome could impact other banks like the Royal Bank of Scotland.

What was Barclays' initial response to the DOJ's settlement demands?

• They settled immediately.

• They asked for more time.

• They decided to go to court.

• They agreed to the terms.

How did the settlement talks affect Barclays' trading revenue?

• It increased significantly.

• It remained stable.

• It fell below estimates.

• It was unaffected.

What is Barclays' goal in terms of its investment banking ranking?

• To reach the top five U.S. banks.

• To move from seventh to sixth place.

• To become the top bank globally.

• To maintain its current position.

What was the expectation regarding the Trump administration's approach to settlements?

• It would pursue larger settlements.

• It would avoid court cases altogether.

• It might not pursue large settlements.

• It would increase the number of cases.

Which bank is mentioned as being behind Barclays in the settlement queue?

• Royal Bank of Scotland

• HSBC

• Deutsche Bank

• Lloyds Bank