The co-chief executive of Barclays Capital has lauded the performance of the UK bank's trading businesses, telling Financial News that the investment bank is gaining market share in fixed income, currencies and commodities and monetizing its investment in equity sales and trading.
Speaking to Financial News yesterday after the UK bank's interim results, Rich Ricci, co-chief executive of Barclays Capital, said that the results for the UK's banks FICC and equities and prime services divisions highlighted the bank's strong performance in what has proven to be a tough first half.