Barclays shares set for a slight reprieve after theirworst 2-day drop since last July.
** Launches revival plan that includes creation of a badbank, targeted ROE of more than 12% and another pledge to cutinvestment banking.
** Early indications from traders are for stock to open 2-3percent higher.
** Biggest positive is plan for bank to cut investment bankto 30% of the group's risk-weighted assets by 2016 (from about50% currently).
** Q1 FICC revs: http://link.reuters.com/rap76v
** Stock trades at 0.7 times book value (vs. median 1.0 fora peer group of large European banks).
(RM: vikram.subhedar.thomsonreuters.com@reuters.net)