Barclays Plc · LSE:BARC
Barclays — Bank of America Merrill Lynch Global Financials CEO Conference 2010
9 slides from Barclays's conference presentation, Sep 29, 2010
Slide 1: Robert E. Diamond Jr, President, Barclays Plc
Robert E. Diamond Jr President, Barclays Plc Bank of America Merrill Lynch Global Financials CEO Conference 29 September 2010
Slide 2: Economic and market context
Economic and market context • Weathered short-term economic threats • Momentum of recovery slowed, but still growing • Focus on government deficits and long-term economic sustainability
Slide 3: Healthier position in the business sector
Healthier position in the business sector S&P 500 Composite Total Debt / Total Capital 110% 100% 90% 80% 70% 60% 2005 2006 2007 2008 2009
Slide 4: Healthier position in the consumer sector
Healthier position in the consumer sector Household Saving Ratio (% gross disposable income) 20.0% Euro Area 18.0% US UK 16.0% 14.0% 12.0% 10.0% 8.0% 6.0% 4.0% 2.0% 0.0% 2005 2006 2007 2008 2009 2010 -2.0%
Slide 5: Industry Trends
Industry Trends • Increased regulation and sceptical public • Greater focus on returns - larger divergence between winners and losers • Increased focus on client business • US remains the dominant global profit pool but EM growing faster and achieving scale
Slide 6: Barclays is responding
Barclays is responding Core Tier One Adjusted Gross Liquidity Capital Ratio Leverage 33x £160bn 10.0% 0.6x 20x 2.1x 8.4x 4.7% £19bn FY 07 H1 10 FY 07 H1 10 FY 07 H1 10
Slide 7: Staying close to customers and clients
Staying close to customers and clients • Top of major banks group in UK National Satisfaction Index GRB • Continued innovation through technology to improve customer experience Wealth • Gamma Investing to transform customer experience Barclays • Reduced customer complaints by 53% since July 2009 Cor
Slide 8: Global banking profit pools are evolving
Global banking profit pools are evolving Global banking revenues, before cost of risk In £bn, % CAGR (%) 2005 - 12 2,745 2,259 40 +18 100% = 1,791 34 Emerging Markets 23 5 -3 6 Japan 9 24 +5 25 Western Europe 28 North America 40 35 31 +3 2005 2009E 2012F Source: McKinsey Global Banking Pools
Slide 9: Summary
Summary • Right model • Right strategy • Execution, execution, execution
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