Barclays Will Gain Investment Banking Market Share, Diamond Says

Barclays Plc will gain market share in investment banking, Chief Executive Officer Robert Diamond said in a speech in New York today, according to a transcript published on the lender’s website.

“In a world where the industry is polarising, we believe we will continue to gain share as weaker players withdraw from the market,” said Diamond. The lender will maintain its 13 percent target for return on equity, he said.