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Barclays CEO Looks to Placate Investors With Strategy Tweaks

(Bloomberg) For the better part of a year, Barclays Plc’s boss C.S. Venkatakrishnan has been reviewing his firm’s strategy. It turns out, pruning around the edges was enough.Most Read from BloombergLargest Covid Vaccine Study Yet Finds Links to Health ConditionsCapital One to Buy Discover for $35 Billion in Year's Biggest Deal Your 401(k) Will Be Gone Within a DecadeStocks Fall Before Nvidia’s Make-or-Break Moment: Markets WrapAmazon Deserves to Be Called Out for Swindling UsersIn a four-and-

Barclays CEO Looks to Placate Investors With Strategy Tweaks

Barclays Strategy, Lloyds Provisions in Focus in European Earnings Next Week

(Bloomberg) UK banks will be in the spotlight this week as Europe’s reporting season continues. While financials have fared better than most industries so far, earnings overall haven’t missed consensus this badly for at least four years, according to Bloomberg Intelligence’s tracker.Most Read from BloombergLargest Covid Vaccine Study Yet Finds Links to Health ConditionsTrump Keeps NY Empire Intact as Judge Rescinds Asset-Sale OrderWall Street’s Moelis Bet Big on the Middle East. Now He’s Cash

Barclays Strategy, Lloyds Provisions in Focus in European Earnings Next Week

Why are UK banking stocks doing so badly despite bumper profits?

UK big banks are set to post bumper profits when they report their 2023 results. But why are they not being rewarded on the stock market?