Barclays is looking to bolster its investment banking revenue by £700m over the next two years by shifting the unit towards more M&A and equity capital markets activity and reducing its reliance on debt underwriting.
The UK lender laid out its plans to grow by 2026 in an investor presentation by Cathal Deasy and Taylor Wright, who took the reins of its investment banking team last year. This target is not dependent on market conditions, they added.
