Barclays Plc · LSE:BARC
Barclays — Morgan Stanley European Banks Conference 2010
9 slides from Barclays's conference presentation, Mar 23, 2010
Slide 1: Regulation and Returns
Robert E. Diamond Jr President, Barclays PLC Regulation and Returns Morgan Stanley European Banks Conference, London 23rd March 2010 1
Slide 2: Barclays Objectives
Barclays Objectives • Managing our risks and returns • Maintaining strategic momentum • Staying close to our customers and clients 2
Slide 3: Regulatory change
Regulatory change • Capital • Oversight • Resolution 3
Slide 4: Barclays positioning itself for new environment…
Barclays positioning itself for new environment… Barclays year end 2009 position (vs. 2008) Capital Ratios Adj. Gross Leverage Liquidity Pool Core Tier 1 Tier 1 +195% -800bps £127bn +51% 28x +79% 13.0% 20x 10.0% 8.6% £43bn 5.6% 2008 2009 2008 2009 2008 2009 2008 2009 4
Slide 5: …while delivering strong performance
…while delivering strong performance (£m) 2008 2009 % Change Income 23,115 30,986 34% Impairment (5,419) (8,071) 49% Operating Costs (14,366) (17,852) 24% PBT 6,077 11,642 92% Cost : income ratio 62% 58% RoE (incl. BGI gain) 16.5% 23.8% RoE (excl. BGI gain) 7.9% 5
Slide 6: Barclays Capital delivered across the cycle…
Barclays Capital delivered across the cycle… 17,862 9,858 8,678 6,267 4,505 Topline 3,518 2,841 Income (£m) 2,427 2,216 2,335 2,464 1,142 1,431 1,302 930 PBT (£m) 730 2002 2003 2004 2005 2006 2007 2008 2009 Interest Rates Down Up Up Up Down Down Credit Spreads Up Down Down Down Down Up Up Down Volat
Slide 7: …and across asset classes
…and across asset classes 2008 2009 76% 147% 108% FICC Equities & Prime Investment Services Banking 7
Slide 8: Summary
Summary • Regulation – Too big to get wrong – Too close to lose momentum • Banks are responding • Barclays well positioned 8
Slide 9: Robert E. Diamond Jr
Robert E. Diamond Jr President, Barclays PLC Morgan Stanley European Banks Conference, London 23rd March 2010 9
Barclays — Morgan Stanley European Banks Conference 2010 on 6ix