Jes Staley As New CEO Doesn't Mean Barclays Wants To Dominate European Investment Banking, And Suggesting Otherwise After I Just Ate Lunch Makes Me Sick: Guy

Literally, so please, don't mention it again.

“I don’t think Staley as CEO signals they are going to double down or expand the investment bank, and the words ‘European investment-banking champion’ give me a tremendous amount of indigestion” after the financial crisis, said Joseph Dickerson, an analyst at Jefferies International Ltd., who has a buy rating on the stock. “The capital position of the European banks is still a lot lower than that of U.S. banks, so it’s hard to see how they’ll expand.” [Bloomberg, earlier]