When Staley presented a dismal set of third-quarter results for Barclays on October 26, he doubled down on his strategy of trying to rebuild market share and revenue growth for the firm’s investment bank and went into unusual detail on who he expects to deliver a Lazarus-style rebound.
Around £20 billion ($26.2 billion) of risk-weighted assets will be recycled and an additional £50 billion of balance sheet capacity will be deployed across markets financing to give the business a boost.
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