Barclays Is `Running Free' of Legacy Issues, CEO Staley Says

Barclays Is `Running Free' of Legacy Issues, CEO Staley Says

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Business

University

Hard

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The CEO of Barclays discusses the bank's strong quarterly performance, highlighting a 32% increase in equity markets and a 12.3% return on tangible equity. The investment banking sector showed significant growth, with equities up 37%. The bank is now free from legacy issues and is focusing on a diversified strategy. Shareholder relations are positive, with plans for future dividends and stock buybacks. The bank is preparing for Brexit and potential economic risks as central banks adjust monetary policies.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the return on equity in the markets business according to Jes Staley?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does Barclays plan to handle the potential impacts of Brexit?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What does Jes Staley identify as the biggest downside risk for Barclays in the second half of the year?

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