Barclays - CEO Interviewed on Interim Results 2009

LONDON - UK Banking group Barclays today announced its half-year 2009 results.

In a video interview on cantos.com CEO John Varley looks at the group’s strong income performance as well as the success of the overall strategy for earnings diversification.

He comments on balance sheet and regulation, the Global Retail and Corporate Banking businesses as well as the performance of Barclays Capital and whether its “very strong profit performance” can be sustained.

Regarding the outlook, Mr Varley said that while he expected the economic environment to remain tough, the group would continue to focus on risk management and shareholder profitability.

“So we have our feet on the ground. The environment will not be easy, but I think its right for us to be appropriately confident about our ability to manage in the future, because I think we’ve managed reasonably well in the past.”

The interview and transcript are available now on w3.cantos.com/barclays

It’s free to view. All you need to do is register at www.cantos.com. Cantos.com, the online financial broadcaster, features in-depth interviews, documentaries and webcasts with senior company executives. If you would like to contact us, please email enquiries@cantos.com or phone +44(0)207-936-1333.

Source: Barclays Bank

If you would like to contact us, please email enquiries at cantos.com or phone +44(0)207-936-1333