Barclays CEO Staley Says Brexit Slump Caused by Profit Fears

  • Bank doesn’t need more capital after vote to leave EU
  • Dollar, euro earnings will support bank amid U.K. slowdown

Barclays CEO Staley: Brexit Is Political Crisis Now

Barclays Plc Chief Executive Officer Jes Staley said concern about earnings, rather than capital or liquidity, has caused the “significant” dip in the bank’s share price since the U.K. voted to leave the European Union.

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