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Tough times for Barclays but its investment bank is still flying

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CEO Jes Staley’s tenure has been marred by personal scandal and Barclays backing for fossil fuel but his decision to face down activist investor Ed Bramson and keep the unit looks better and better, James Moore writes

, to which the initial reaction was “ouch”. The most important number was always going to be the impairment charge, which rolled in at £3.7bn over just six months. In the corresponding period BC that number was £0.9bn.

 

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Oh no. In Manhatten, they took over the Lehman Brothers building.

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