Barclays eyes victory in Europe’s global IB race

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By David Rothnie
30 Jan 2020

Jes Staley’s strategy has been vindicated, with Barclays’s corporate finance bankers having a banner year. But it has to invest in its European franchise to cement its credentials as the region’s leading investment bank, says David Rothnie.

In 2014, Deutsche Bank’s chairman Paul Achleitner claimed Deutsche Bank would be “Europe’s last man standing in global investment banking” when Barclays announced a big restructuring of its operations.

Five later and executives at Barclays’ investment bank have reclaimed the phrase as their own, with a ...

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