Banks Are in Very Good Shape Around the World, Says Barclays's Staley

The transcript discusses the resilience of banks in facing future financial crises, highlighting increased capitalization and liquidity. It explores the high levels of debt in sovereign and corporate balance sheets and the potential for credit shocks. The impact of a no-deal Brexit on the UK economy and banks is examined, emphasizing the need for preparedness. The discussion shifts to the competitiveness of European banks, the importance of consolidation, and the role of technology and innovation in maintaining a competitive edge.

What are the three key considerations mentioned regarding the consolidation of banks?

How does technology play a role in the future of banking according to the speaker?

What are the plans for Barclays' investment bank in 2019?