Barclays PLC (NYSE:BCS)
$ 13.4006 -0.0494 (-0.37%) Market Cap: 48.42 Bil Enterprise Value: -94.08 Bil PE Ratio: 9.12 PB Ratio: 0.54 GF Score: 68/100
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Q3 2020 Barclays PLC Earnings Call Transcript

Oct 23, 2020 / 08:30AM GMT
Release Date Price: $5.83 (+6.00%)
Operator

Welcome to the Barclays Q3 2020 Results Analyst and Investor Conference Call. I will now hand you over to Jes Staley, Group Chief Executive; and Tushar Morzaria, Group Finance Director.

James Edward Staley
Barclays PLC - Group CEO & Executive Director

Good morning. As the COVID-19 pandemic grew and the global economy began to contract, Barclays focused on 3 things.

First, to preserve the financial integrity of the bank. If we're to maximize our support for the economy and society in this time of challenge, Barclays must first be a strong, profitable business. Second, we wanted to be there for our customers and clients. So we did things like waiving charges and interest payments to help people cope during a very difficult period. And we worked with governments, particularly the U.K. government, to deliver programs to help businesses, big and small, to weather the storm. And third, Barclays needs to embrace and support our colleagues within the bank, recognizing the challenges that we all face on a personal level and on a professional level.

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