“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]
Layoffs Watch '15: Barclays Was Just Kidding About Getting Rid Of 7,000 Investment Banking Jobs
Kidding about it not being a lot more than that.
Barclays Shareholders Want To Know Why Jes Staley Hasn’t Fixed It Yet
It's not like the bank was in terrible shape when he got there or anything.
Jes Staley Enjoying Rare Moment Of Non-Outright Hostility
Throwing a few extra pence his shareholders’ has him moving up from John Cryan levels of popularity to the Brian Moynihan-esque.
Barclays, British Regulators Ensure Jes Staley Will Launch Whistleblower Witch Hunts Only If He Really, Really Wants To
It’ll have to be worth at least $1.5 million to him.