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

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

Assessment

Interactive Video

Business

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

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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