Brad Hintz on Barclays' Challenges Ahead

The transcript discusses the strategic challenges faced by Barclays in maintaining a profitable investment banking operation amidst a shrinking fixed income market. It explores the broader investment banking landscape, highlighting the struggles of global banks like Goldman and JPM in generating returns. The conversation shifts to European banks, emphasizing the difficulties in consolidation due to regulatory concerns and the need for repricing in trading markets. The discussion concludes with the need for European banks to improve returns on equity and navigate ongoing regulatory changes.

How does the speaker view the relationship between investment banking size and profitability?

What does the speaker suggest about the future of European investment banks?

What are the potential outcomes for banks that are unable to adapt to the changing investment banking landscape?