Barclays chief positive on turnaround

Jes Staley Interview Pic

Barclays CEO Jes Staley cast a positive light on the progress he’s making in his turnaround program, as he reiterated his commitment to shedding lower-priority assets to bolster returns.

Barclays to continue to reduce headcount 'at a measured pace'

Jes Staley Interview Pic

'The markets are challenging, the capital markets are going through a significant restructuring and banks are also going through a significant restructuring, using more capital, being more liquid, which is all making the financial system much safer but (it) does pose a challenge in terms of profitability'.