Barclays CEO Staley on Earnings, Profitability, Epstein Relationship

The transcript covers Barclays' financial performance in 2019, highlighting a 9% return on tangible equity and cost reductions. Challenges in achieving 2020 targets due to a changing interest rate environment are discussed. Strategies to counter financial pressures include digital banking and investment banking growth. The transcript also addresses an FCA inquiry into the CEO's relationship with Jeffrey Epstein, plans for capital return and share buybacks, and the impact of Brexit on regulatory frameworks.

What was the target return on tangible equity set by Barclays for the year 2019?

How did Barclays manage to reduce its costs from £15 billion in 2016 to below £13.6 billion in 2019?

What was the after-tax profit reported by Barclays for the year mentioned in the text?

What challenges did Barclays face in reaching the 10% ROTC target?

What impact did the interest rate environment have on Barclays' performance and targets?

What measures has Barclays taken to counter pressure on fees and net interest margins?

How did Barclays' investment banking revenues perform compared to the overall investment banking wallet globally?

What was the cost income ratio for Barclays in 2019, and how does it relate to their targets?

How has Barclays' relationship with Jeffrey Epstein been characterized in the context of transparency?

What is Barclays' stance on the regulatory framework post-Brexit?