Diamond Sees Barclays Growing in U.S. Amid Banking Slump: Video

Robert Diamond, president of Barclays Plc, talks with Bloomberg's Rishaad Salamat from London about full-year earnings reported today, the bank's exposure to so-called monoline insurers and its strategy to expand in the U.S. and emerging markets in 2008. The U.K.'s third-biggest bank said second-half profit fell 21 percent to 1.78 billion pounds ($3.48 billion) on asset writedowns and a slump in revenue from fixed-income trading. (Source: Bloomberg)

Bloomberg | February 19, 2008

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