Barclays CEO C.S. Venkatakrishnan discusses fourth quarter results that beat earnings expectations, helped by a strong performance by its traders. The UK lender said it will return at least £15 billion ($20.5 billion) to shareholders through 2028 as it continues to work through a long-term plan to slash costs and improve profitability. Speaking on Bloomberg Television, Venkatakrishnan also comments on the use of AI in the financial industry. (Source: Bloomberg)
Analysis & Context
Barclays CEO C.S. Venkatakrishnan discusses fourth quarter results that beat earnings expectations, helped by a strong performance by its traders. The UK lender said it will return at least £15 billion ($20.5 billion) to shareholders through 2028 as it continues to work through a long-term plan to slash costs and improve profitability. Speaking on Bloomberg Television, Venkatakrishnan also comments on the use of AI in the financial industry. (Source: Bloomberg) This article provides comprehensive coverage and analysis of current events.
Barclays CEO C.S. Venkatakrishnan discusses fourth quarter results that beat earnings expectations, helped by a strong performance by its traders. The UK lender said it will return at least £15 billion ($20.5 billion) to shareholders through 2028 as it continues to work through a long-term plan to slash costs and improve profitability. Speaking on Bloomberg Television, Venkatakrishnan also comments on the use of AI in the financial industry. (Source: Bloomberg)
