Barclays aims to funnel cash back to trading

Owen Sanderson

August 03, 2017 09:15 pm

barclays px230 — A woman uses an ATM machine at a branch of Barclays PLC in central London, Tuesday, Feb. 16, 2010. Barclays PLC on Tuesday reported a fourth quarter profit of 6.9 billion pounds ($10.8 billion), more than eight times larger than a year earlier, due to gains on the sale of its Global Investors unit to a private equity company. (AP Photo/Akira Suemori) | AKIRA SUEMORI/AP/Press Association Images

Barclays said in its second-quarter results that it would redeploy capital from parts of the corporate bank into markets, reversing the course many banks have taken since the crisis, and affirming the bank’s ambitions as a top-tier fixed income trading house.

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Owen Sanderson