Barclays Plc · LSE:BARC
Barclays — Debt Investor Presentation (October 2018)
64 slides from Barclays's debt investor presentation, Oct 24, 2018
Slide 1: Barclays PLC Fixed Income Investor Presentation
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS Barclays PLC Fixed Income Investor Presentation Q3 2018 Results Announcement 24 October 2018 | Barclays Q3 2018 Fixed Income Inve
Slide 2: Strategy, Targets and Guidance
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS Strategy, Targets and Guidance | Barclays Q3 2018 Fixed Income Investor Presentation 1 (From prior page) This presentation must b
Slide 3: On track to deliver enhanced and sustainable returns for shareholders
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS On track to deliver enhanced and sustainable returns for shareholders BAGL deconsolidated and Non-Core closed RoTE2 Service Compa
Slide 4: Focused on profitability and capital targets
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS Focused on profitability and capital targets Q318 YTD highlights Group targets Strong double digit >9% in 2019 RoTE2 Group return
Slide 5: Continued cost reduction towards 2019 guidance
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS Continued cost reduction towards 2019 guidance Improving operational efficiency creating capacity to invest in growth, digitisati
Slide 6: Think digital, think Barclays UK
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS Think digital, think Barclays UK Building meaningful relationships with our 24 million customers Front end Changing the shape of
Slide 7: Think digital, think Barclays UK
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS Think digital, think Barclays UK Capacity to continue investing in digital transformation Most used mobile banking app in the UK1
Slide 8: Barclays International: Improving share in the CIB
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS Barclays International: Improving share in the CIB Gaining share in Markets and strong Banking franchise Markets Banking fees Sha
Slide 9: Barclays International: Driving Consumer, Cards & Payments opportunities
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS Barclays International: Driving Consumer, Cards & Payments opportunities Portfolio of leading franchises with high returns and gr
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Slide 11: Performance
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS Performance | Barclays Q3 2018 Fixed Income Investor Presentation
Slide 12: Q318 YTD Group highlights
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS Q318 YTD Group highlights Group RoTE of 11.1% with double digit returns in Barclays UK and Barclays International Financial perfo
Slide 13: Q318 Group highlights
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS Q318 Group highlights Double digit RoTE, and improved TNAV and capital in the quarter Financial performance1 Double digit Group
Slide 14: Q318 Barclays UK
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS Q318 Barclays UK RoTE of 22.0% and positive operating jaws, with further growth in customer balances Financial performance1 Inc
Slide 15: Q318 Barclays International
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS Q318 Barclays International Improved returns with strong performance across CIB and CC&P Financial performance1 Significant imp
Slide 16: Q318 Barclays International: Corporate & Investment Bank
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS Q318 Barclays International: Corporate & Investment Bank Investments driving sustained outperformance in Markets Financial perfor
Slide 17: Q318 Barclays International: Consumer, Cards & Payments
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS Q318 Barclays International: Consumer, Cards & Payments Strong returns whilst investing in growth across CC&P businesses Financia
Slide 18: Head Office: Negative income expected to reduce over time
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS Head Office: Negative income expected to reduce over time Q317 Q218 Q318 Q318 negative income includes: • c.£90m impact from ce
Slide 19: Capital & Leverage
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS Capital & Leverage | Barclays Q3 2018 Fixed Income Investor Presentation
Slide 20: Capital accretion driven by profitability
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS Capital accretion driven by profitability Generating capacity for attractive capital returns to shareholders over time CET1 ratio
Slide 21: Strong Group CET1 and leverage ratios
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS Strong Group CET1 and leverage ratios Fully loaded and transitional CET1 ratio Fully loaded CET1 ratio -10bps • Transitional CET1
Slide 22: Managing Group capital position above mandatory distribution restrictions
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS Managing Group capital position above mandatory distribution restrictions Illustrative evolution of minimum CET1 requirements and
Slide 23: Managing capital position above stress test hurdles
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS Managing capital position above stress test hurdles Barclays’ expected hurdle rate for 2018 BoE stress test1 Pillar 1 requirement
Slide 24: Transition to CRD IV capital structure well established
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS Transition to CRD IV capital structure well established Illustrative evolution of CRD IV capital structure Well managed and balan
Slide 25: Managing the call and maturity profiles of BPLC and BBPLC capital instruments
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS Managing the call and maturity profiles of BPLC and BBPLC capital instruments First AT1 call to be effected on BPLC capital call
Slide 26: Managing evolving future Group minimum leverage requirements
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS Managing evolving future Group minimum leverage requirements Illustrative evolution of minimum leverage requirements and buffers
Slide 27: Leverage requirements UK regime CRR regime
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS Leverage requirements Requirements Requirements Disclosure Disclosure obligations obligations Basis Basisof of preparation prepar
Slide 28: ADI position supports strong distribution capacity
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS ADI position supports strong distribution capacity Distribution capacity as at 31 December 2017 (£m) Distributable items ADI Barc
Slide 29: MREL, Funding and Liquidity
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS MREL, Funding and Liquidity | Barclays Q3 2018 Fixed Income Investor Presentation
Slide 30: Successfully transitioning to HoldCo funding model
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS Successfully transitioning to HoldCo funding model HoldCo MREL position and requirement Well advanced on HoldCo issuance plan inc
Slide 31: Continued progress in HoldCo issuance whilst diversifying the markets we access
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS Continued progress in HoldCo issuance whilst diversifying the markets we access HoldCo issuance by year1 Total: £9.9bn • The Grou
Slide 32: High quality liquidity and funding position with stable LDR
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS High quality liquidity and funding position with a conservatively positioned liquidity pool and stable LDR Liquidity remains in p
Slide 33: Wholesale funding composition as at 30 June 2018
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS Wholesale funding composition as at 30 June 20181 <1 1-3 3-6 6-12 Total 1-2 2-3 3-4 4-5 As at 30 June 2018 (£bn) >5 years Total m
Slide 34: UK approach to resolution
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS UK approach to resolution Illustrative UK resolution loss allocation waterfall assuming multiple OpCos1 OpCo waterfall Intercompa
Slide 35: Divisions and Legal Entities
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS Divisions and Legal Entities | Barclays Q3 2018 Fixed Income Investor Presentation
Slide 36: Restructuring of the Group completed post ring-fencing in April this year
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS Restructuring of the Group completed post ring-fencing in April this year Barclays PLC Barclays International Barclays UK and Hea
Slide 37: Deposit and wholesale funding sources of Barclays Bank UK PLC and Barclays Bank PLC
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS Deposit and wholesale funding sources of Barclays Bank UK PLC and Barclays Bank PLC Barclays PLC Barclays Bank UK PLC Barclays Ba
Slide 38: Group expects to accommodate all legal entity capital requirements within current Group CET1 guidance
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS Group expects to accommodate all legal entity capital requirements within current Group CET1 guidance of c.13% Accounting and reg
Slide 39: P&L bridge from Barclays UK division to Barclays Bank UK PLC legal entity
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS P&L bridge from Barclays UK division to Barclays Bank UK PLC (BBUKPLC) legal entity 1 2 3 4 Removal of Head Office BX Service Bar
Slide 40: P&L bridge from Barclays International division to Barclays Bank PLC legal entity
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS P&L bridge from Barclays International division to Barclays Bank PLC (BBPLC) legal entity 1 2 3 4 Head Office BX Service Barclays
Slide 41: Credit Ratings
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS Credit Ratings | Barclays Q3 2018 Fixed Income Investor Presentation
Slide 42: Ratings remain a key priority, with focus on strategy and achieving performance targets
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS Ratings remain a key priority, with focus on strategy and achieving performance targets to improve ratings Current Senior Long an
Slide 43: Barclays rating composition for senior debt
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS Barclays rating composition for senior debt Standard & Poor’s Fitch Moody’s BPLC BBPLC BBUKPLC BPLC BBPLC BBUKPLC BPLC BBPLC BBUK
Slide 44: Barclays rating composition for subordinated debt
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS Barclays rating composition for subordinated debt Standard & Poor’s Fitch Moody’s Baseline Stand-alone Stand-Alone Viability bbb+
Slide 45: Brexit Preparations
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS Brexit Preparations | Barclays Q3 2018 Fixed Income Investor Presentation
Slide 46: Diversified and prudently positioned
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS Diversified and prudently positioned Well prepared for Brexit and macro uncertainties Barclaycard UK Diversified by currency, geo
Slide 47: Preparation for continuity of business in the event of Brexit
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS Preparation for continuity of business in the event of Brexit Plans in place to expand Barclays Bank Ireland (BBI) in advance of
Slide 48: Asset Quality
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS Asset Quality | Barclays Q3 2018 Fixed Income Investor Presentation
Slide 49: Prudently managing credit risk in both the UK and US
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS Prudently managing credit risk in both the UK and US Conservatively positioned in the UK in the face of Brexit and the consumer c
Slide 50: Appendix
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS Appendix | Barclays Q3 2018 Fixed Income Investor Presentation
Slide 51: Other items of interest
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS Other items of interest Impairment Q318 Q317 Charge relating to deferred consideration from Q117 asset sale in - (£168m) Barclays
Slide 52: Q318 Group
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS Q318 Group Three months ended (£m) Sep-18 Sep-17 % change Excluding L&C – Three months ended (£m) Sep-18 Sep-17 % change Income 5
Slide 53: Q318 Barclays UK
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS Q318 Barclays UK Business performance Excluding L&C – Three months ended (£m) Sep-18 Sep-17 % change Three months ended (£m) Sep-
Slide 54: Q318 Barclays International
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS Q318 Barclays International Business performance Excluding L&C – Three months ended (£m) Sep-18 Sep-17 % change Three months ende
Slide 55: Q318 Barclays International: Corporate & Investment Bank and Consumer, Cards & Payments
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS Q318 Barclays International: Corporate & Investment Bank and Consumer, Cards & Payments CIB business performance CC&P business pe
Slide 56: Head Office
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS Head Office Head Office business performance Three months ended (£m) Sep-18 Sep-17 Income (57) 6 Impairment releases/(charges) 4
Slide 57: Q318 YTD Group
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS Q318 YTD Group Nine months ended (£m) Sep-18 Sep-17 % change Excluding L&C – Nine months ended (£m) Sep-18 Sep-17 % change Income
Slide 58: Q318 YTD Barclays UK
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS Q318 YTD Barclays UK Business performance Excluding L&C – Nine months ended (£m) Sep-18 Sep-17 % change Nine months ended (£m) Se
Slide 59: Q318 YTD Barclays International
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS Q318 YTD Barclays International Business performance Excluding L&C – Nine months ended (£m) Sep-18 Sep-17 % change Nine months en
Slide 60: Q318 YTD Barclays International: Corporate & Investment Bank and Consumer, Cards & Payments
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS Q318 YTD Barclays International: Corporate & Investment Bank and Consumer, Cards & Payments CIB business performance CC&P busines
Slide 61: Q318 YTD Head Office
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS Q318 YTD Head Office Head Office business performance Nine months ended (£m) Sep-18 Sep-17 Income (262) 8 Impairment releases/(ch
Slide 62: Abbreviations
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS Abbreviations ABS Asset-backed Securities ECB European Central Bank P1 Pillar 1 ADI Available Distributable Items ECM Equity Capi
Slide 63: Contact – Debt Investor Relations Team
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS Contact – Debt Investor Relations Team Version 4 James Cranstoun Dan Colvin +44 (0)20 7773 1630 +44 (0)20 7116 6533 james.cransto
Slide 64: Disclaimer
STRATEGY, TARGETS CAPITAL MREL, FUNDING DIVISIONS BREXIT PERFORMANCE CREDIT RATINGS ASSET QUALITY APPENDIX & GUIDANCE & LEVERAGE & LIQUIDITY & LEGAL ENTITIES PREPARATIONS Disclaimer Important Notice The information, statements and opinions contained in this presentation do not constitute a public of