Barclays CEO: Cutting Africa Will Allow Deconsolidation

The transcript discusses Barclays' decision to reduce its stake in Barclays Africa due to regulatory and financial challenges. It outlines the bank's strategy to reallocate capital towards more profitable ventures, focusing on its transatlantic operations. The discussion highlights the need for the investment bank to achieve double-digit returns and the importance of a robust capital market. Barclays plans to accelerate the reduction of non-core assets and manage ring-fencing regulations while maintaining a strong capital base and dividend strategy.

What strategy is Barclays considering to enhance shareholder value?

What challenges does Barclays face in the investment banking sector?

What is the expected timeline for Barclays to exit its non-core assets?