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Barclays Trading Surge Shores Up CEO Staley in Activist Tussle

BNN Bloomberg

(Bloomberg) -- Barclays Plc’s Jes Staley has a stronger case to fend off the British lender’s activist shareholder after another positive set of results at its investment bank. The securities unit, the division at the center of Staley’s growth plan, saw fixed income, currency and commodities income substantially outperform U.S. peers in the third quarter, rising almost 10 percent...

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