In 2014 Barclays was fined £26 million for rigging the gold fixing. It got out of most commodities trading two years ago.
Staley is expected to give an update on his plans for the whole bank at its full-year results next month, including what it might do with its African business.
In the meantime decisions about bonuses for Barclays bankers have been pushed back at least a month to March.
Wielding the axe: Barclays boss Jes Staley (Picture: AFP/Getty Images)
Brendan Smialowski/AFP/Getty Images
Rival Deutsche said it now expects to make a post-tax loss of €6.7 billion for 2015 after taking an extra €1.2 billion charge for legal issues and €800 million on restructuring.
Its new chief executive John Cryan said: “This will be the bank’s first full-year loss since 2008, and it is sobering. We expect the next two years to consist of hard work, burdened by the costs of restructuring the bank and making much-needed investments.”