Strategy of the Bank Is Well on Course, Says Barclays' Staley

The transcript discusses Barclays' strong third-quarter performance, highlighting a 19% increase in market revenue and a double-digit return on tangible equity. The bank's strategy includes expanding electronic trading platforms and addressing activist investor concerns. Barclays plans to double its dividend and manage costs effectively while preparing for a hard Brexit by diversifying its revenue sources. The discussion also covers market volatility and the strength of the US economy.

What was the percentage increase in Barclays' market revenue in the third quarter?

• 30%

• 25%

• 19%

• 10%

Which new initiative had a strong impact on Barclays' equities trading?

• Partnership with another bank

• New electronic trading platforms

• Increased marketing budget

• New management team

What is the dividend per share that Barclays plans to pay this year?

• 3 pence

• 4.5 pence

• 6.5 pence

• 8 pence

What is the expected cost target for Barclays this year?

• £16.5 billion

• £15 billion

• £13.9 billion

• £12.5 billion

How is Barclays preparing for a hard Brexit?

• Expanding in Ireland

• Increasing UK investments

• Reducing US operations

• Focusing solely on the UK market

What percentage of Barclays' revenues come from outside the UK?

• 60%

• 50%

• 40%

• 25%

What is the main reason for Barclays' increased market revenues during volatility?

• Intermediary role in financial markets

• Strong US economy

• Reduced competition

• Higher interest rates