Markets React to Barclays Earnings

The transcript discusses Barclays' underperformance in fixed income trading compared to competitors, with Jes Staley explaining the situation and emphasizing the bank's overall profitability. It covers Staley's involvement in a whistleblower incident and its regulatory implications. The transcript also touches on Barclays' strategic focus on investment banking and job creation in the UK amid Brexit concerns.

What was the main reason Jes Staley gave for Barclays' underperformance in fixed income trading revenue?

• Regulatory changes

• Franchise issues

• Positioning

• Market conditions

How did Jes Staley respond to the whistleblower incident at Barclays?

• He blamed the board

• He ignored the incident

• He admitted to a mistake

• He denied any wrongdoing

What is Jes Staley's stance on Brexit in relation to Barclays' operations?

• He is not too concerned and plans to hire more in the UK

• He plans to cut jobs in the UK

• He is very concerned about Brexit

• He wants to relocate operations to Europe

What area is Barclays focusing on for hiring in the UK?

• Manufacturing

• Retail

• Real estate

• IT and customer service

What is the focus of Barclays' hiring strategy according to Jes Staley?

• Diversifying into new industries

• Reducing costs

• Expanding in fintech

• Increasing market share in Europe