Staley 'Not Concerned' Over 1Q Trading Performance

The transcript discusses the performance of Barclays' US rates business, noting a disappointing quarter but expressing confidence in future recovery. It highlights the investment bank's overall success despite missing consensus on one desk. The discussion includes a comparison with Morgan Stanley, emphasizing strategic similarities and the importance of staying the course for long-term benefits.

What were the reasons attributed to the poor performance in the US rates business?

How did the CEO describe the quarter's performance in the investment bank?

What reassurances did the CEO provide regarding future performance and surprises?

How does the CEO compare Barclays' situation to that of Morgan Stanley?

What is the CEO's perspective on the importance of staying the course in business strategy?