Heard on the Street: Barclays suffers the winner's curse

Barclays was supposed to be one of the winners from the financial crisis, but it hardly looks like one now; incoming CEO Robert Diamond faces tough choices

Barclays was supposed to be one of the winners from the financial crisis, but it hardly looks like one now.

The UK-listed bank these days has a market capitalisation of just £36bn ($58.1bn), making it the second-smallest of the UK-listed banks on this measure behind Royal Bank of Scotland, smaller even than Standard Chartered despite having three times the revenue.

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