Core subsidiary of Barclays Bank PLC. Strong liquidity position. Low credit risk profile. Limited diversification of revenue streams. Exposure to potential changes in the tax environment. Isle of Man-incorporated Barclays Private Clients International Ltd. (BPCI) is a subsidiary of Barclays Bank PLC (Barclays; AA-/Negative/A-1+) that provides offshore banking services to corporates and individuals around the world, as well as serving the local populations in the Isle of Man and the Channel Islands. The ratings on BPCI primarily reflect its position as a core, wholly owned subsidiary of Barclays. It has very strong strategic and operational links with its parent and is an integral part of its Wealth division. BPCI is heavily reliant on its use of the Barclays brand and...
Companies mentioned in this report are:
- Barclays Private Clients International Ltd.
- Barclays Bank PLC
- Barclays Bank S.A.U.
- Absa Bank Ltd.
- Barclays US Funding LLC
- Barclays Bank Ireland PLC
- Barclays Bank Mexico S.A.
- Barclays PLC
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Research Type: Full Analysis