- Language: English
- Published: June 2012
Summary: Barclays Bank PLC Apr 05
- ID: 2030438
- April 2005
- Standard & Poors
The ratings on Barclays Bank PLC reflect its good income levels, strengthened risk management, satisfactory capital adequacy, and strong U.K. market position. Profitability is robust on an international basis, although correlated with U.K. economic performance. Strategic decisions in the late 1990s have positioned Barclays well to provide a resilient performance during more difficult economic conditions, and income should remain good in absolute terms. Increased competition in U.K. financial services restrains earnings growth, even though Barclays does not compete solely on price across its entire portfolio, but the earnings base is increasingly diversified. Barclays is growing several global business lines, such as asset management, Barclays Capital (its wholesale and investment banking division), and credit cards. Much of this growth is organic...
Companies mentioned in this report are:
- Barclays Bank PLC
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
This product consists of a Summary Analysis: Bi-annual (at least). An abbreviated analysis containing Standard & Poor's issuer credit ratings as of the time the article was published. The analysis includes a rating rationale - the basis on which the rating was assigned - and an outlook section if the issuer is not on CreditWatch. Financial statistics are not included. SHOW LESS READ MORE >
- Barclays Bank PLC