Barclays (BCS) CEO Robert Diamond yesterday told CNBC that large U.S. and U.K. banks "are much...

|About: Barclays PLC (BCS)|By:, SA News Editor

Barclays (BCS) CEO Robert Diamond yesterday told CNBC that large U.S. and U.K. banks "are much safer and much sounder" than before the financial crisis in 2008. Barclays, for example, now has cash on the balance sheet of £140-150B every day vs. £25-50B at the end of 2007.