Full Year 2021 Barclays PLC Earnings Call Transcript
Welcome to the Barclays Full Year 2021 Results Analyst and Investor Conference Call.
I will now hand you over to C.S. Venkatakrishnan, Chief Executive Officer; and Tushar Morzaria, Group Finance Director.
Good morning, everybody. This is my first earnings call as Chief Executive of Barclays. It's a great honor to follow 3 -- a 3-century-long line of stewards of this company.
While I'm new in this job, I have been at Barclays for a number of years. I was part of the management team that developed the strategy we set out in 2016. I am delighted now that we are seeing the benefits of that strategy in the results which we are about to discuss.
So moving to Slide 3. It has been a strong full year performance for the group. In 2016, we set out to build a bank capable of delivering double-digit returns through the cycle. Last year, in 2021, we delivered a group return of tangible -- return on tangible equity of 13.4%. This included double-digit returns in all
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