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Capital Markets

Barclays aims to build back better in Asia

By Mark Baker
May 24, 2021
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Barclays’ Asia investment bank is rebuilding after a traumatic restructuring in 2016. After a few years of steady growth, a more focused approach could make it more efficient than before.

When Jes Staley took over as chief executive of Barclays in late 2015, he knew he wanted to stay committed to the investment bank, but he also knew he needed to cut back its scope. It was spreading itself too thinly, consuming too much capital for too little return. In trying to be everywhere, it risked not really being anywhere.

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Tags

Capital Markets BarclaysBankingFeaturesAsia PacificCapital MarketsJune 2021
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Mark Baker
Mark Baker is Deputy Editor. Prior to joining Euromoney magazine he was based in Hong Kong as managing editor, Asia, for the Capital Markets Group. He previously edited EuroWeek magazine and was also deputy editor at International Financing Review.
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