Barclays on the Hunt for a U.S. Retail Bank

Barclays really helped pump up some financial stocks with this leak today. From the WSJ: "Barclays is hunting for a retail bank at a good price that would give it more deposits and build on the presence of Barclays Capital in the U.S., these people said. The bank, in response to potential changes in banking regulation, has designated an internal team to assess possible targets, these people said. Barclays is focused only on reconnaissance right now, and no deal is imminent, they said."