This set of quarterly results was even more important than the group holding a particularly interesting AGM next week. Management has already bolstered its defences against Mr Bramson who is targeting a seat on the Board. We consider that the first quarter performance of the scrutinised CIB division proved relatively resilient, continuing to show good momentum vis-à-vis peers and strong cost control.
25 Apr 2019
Worst avoided ahead of next week’s AGM
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Worst avoided ahead of next week’s AGM
Barclays PLC (BARC:LON) | 184 0 0.0% | Mkt Cap: 27,692m
- Published:
25 Apr 2019 -
Author:
David Grinsztajn -
Pages:
2
This set of quarterly results was even more important than the group holding a particularly interesting AGM next week. Management has already bolstered its defences against Mr Bramson who is targeting a seat on the Board. We consider that the first quarter performance of the scrutinised CIB division proved relatively resilient, continuing to show good momentum vis-à-vis peers and strong cost control.