Commentary

Barclays investors still unconvinced investment bank strategy will work

Investors will be more tolerant of disappointment in its retail businesses than in dealmaking

 Barclays is halfway through chief executive CS Venkatakrishnan’s three-year plan
Barclays is halfway through chief executive CS Venkatakrishnan’s three-year plan Photo: Christopher Goodney/Bloomberg/Getty Images

David Wighton is a columnist at Financial News

The bosses of many London-listed companies believe, rightly or wrongly, that their shares would have higher valuations if their primary listing was in New York. I don’t know whether Barclays’ chief executive CS Venkatakrishnan is one of them — but he would have a very strong case.

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