Barclays had much to cheer in a return to profit in 2016. The only disappointment is that investors aren’t getting to share in the recovery yet, even as its bankers are doing just fine. Barclays’ restructuring looks well ahead of rivals Credit Suisse and Deutsche Bank. But in investment banking it is still losing revenue despite a big improvement in bond trading and mergers-and-acquisitions advice at the end of 2016.

Source: Wall Street Journal February 23, 2017 13:52 UTC