In his podcast debut, C.S. Venkatakrishnan, Barclays chief executive officer, says stagnant deal activity, easing volatility and peaking interest rates are set to compound pressure on bank earnings. Despite tentative signs of activity returning at the start of September, Venkatakrishnan tells David and Francine that a dealmaking revival is still looking “a little further away.” They also discuss the IPO market, cricket and Taylor Swift.
This conversation was taped on Oct. 5, 2023.
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