Jes Staley Says Barclays May Need 18 Months to Turnaround

Jes Staley Says Barclays May Need 18 Months to Turnaround

Assessment

Interactive Video

Business, Performing Arts

University

Hard

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The video discusses the financial performance of a bank, focusing on the return on average equity (ROAE) and the impact of noncore business on group results. It highlights the effects of the Africa sale on financial metrics and the bank's strategy to improve profitability by reinvesting capital. The discussion also covers dividend policy, regulatory changes, and the bank's plans for technology investment to enhance future growth.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges do banks face in achieving a return on equity greater than 10%?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What investments does the speaker mention that are necessary for Barclays to improve its operations?

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