Barclays CEO Jes Staley on Earnings, Low Interest Rates, Brexit

The transcript discusses Barclays' financial performance, focusing on profitability targets for 2019 and 2020 amidst economic challenges like Brexit and low interest rates. It highlights the impact of Brexit uncertainty on the UK economy and financial system, analyzes global credit cycles, and addresses concerns about debt levels. The discussion covers Barclays' leveraged finance market conditions, investment banking performance, cost management strategies, and technological investments. It also touches on market share gains, prime brokerage business, and guidance on profitability and bonuses.

What is the outlook for the investment banking sector according to the text?

What opportunities does the investment bank see in the current economic environment?

What strategies are being implemented to achieve cost cuts?

How is the bank planning to reinvest its cost savings?