Barclays: Can Jes do it?

By:
Mark Baker
Published on:

Six months ago, Jes Staley took on a job that many of his peers said they did not envy. His task: to turn Barclays’ business performance around and create a clear strategic vision for a bank that had not adapted to a new regulatory and market environment. Work remains to be done, not least in agreeing a ring-fenced structure and improving returns at the investment bank. But the mood at Barclays appears to be brightening.