Why Barclays Is One of the Year’s Best-Performing Bank Stocks

Why Barclays Is One of the Year’s Best-Performing Bank Stocks - WSJ

Activity in the U.K. lender’s investment banking arm is spurring the recovery. a vindication for Chief Executive Jes Staley.

Barclays PLC’s stock has long been stuck in the mud. but so far this year it is zooming ahead of the likes of JPMorgan Chase & Co. and Morgan Stanley . Shares of the London-based lender have risen 28% this year. making it one of the best-performing investment-banking stocks and taking it briefly above its pre-pandemic level.

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