Pressure off ?
Second-quarter trading revenue at the securities unit grew 11%, according to a statement Thursday. That’s more than the average 9.5% pace achieved by U.S. banks in the period. The investment bank is the centerpiece of Staley’s strategy for the London-based bank.
“That would be one of the best performances of an investment bank, whether it be Europe or the U.S.,” Staley said in an interview with Bloomberg TV. “This is Barclays running free.”
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