Barclays CEO John Varley Interviewed on First Half Results 2010
LONDON, August 5, 2010 /PRNewswire-FirstCall/ -- UK banking group Barclays performs strongly against a backdrop of subdued economic activity helped by falling impairment charges, according to Group CEO John Varley . He also points to gross new lending in the UK, in the first half, of GBP18 billion as evidence that the bank is "wide open for business."
In an interview with online broadcaster http://www.cantos.com, the banking boss said he accepts the need for financial reforms but warns that getting the timing right on new regulations is vital for the economic recovery.
Mr Varley insists the way the reforms are introduced "needs to be sensitive to the demands of the economy".
The interview and transcript are available now on http://www.cantos.com/company/Barclays.
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 email@example.com or phone +44-207-936-1352.
More by this Source
Barclays Continues To Expand Its Wealth And Investment Management Team
Feb 07, 2013, 09:30 ET
Browse our custom packages or build your own to meet your unique communications needs.
Learn about PR Newswire services
Request more information about PR Newswire products and services or call us at (888) 776-0942.