Barclays CEO Staley Says Trading Unit Had `Mixed Result'

The transcript discusses Barclays' performance in equity and fixed income trading, highlighting a mixed result with significant growth in equities. The investment bank achieved a return on capital over 20%, leading to high profitability. Cost dynamics are influenced by variable compensation, which can be adjusted based on performance. Economic growth in the UK is projected to be strong, driven by vaccination rollouts and robust capital markets. Barclays has underwritten significant debt and equity, contributing to a liquid economy and growing financial markets.

What is the projected economic growth for the UK this year?

How has the capital markets grown in the last two years?