Investment Bank Investor Presentation
Section 2b. Transforming our business for the new environment: Markets
We have a range of options to comply with emerging
structural reform
We are actively engaged with UK, US and European regulators and have undertaken a detailed analysis of
different scenarios, which are reflected in our 2015 financial targets
ICB
Proposals consistent with our plans for a narrow ring-fence
Believe impact already priced into wholesale funding costs
Dodd Frank
Section
165
Liikanen
Recovery &
Resolution
Directive
• Comment letter submitted
Key contributor to leverage ratio is repo book - numerous levers available to
comply without adversely impacting our US franchise
Barclays is preparing its response to the recent EC consultation - EC to publish
proposals in Q3 of 2013
Supportive of bail-in proposals, and are well placed irrespective of the final
scope used
Risk of bail-in of senior debt has been priced into UK spreads since 2009
34 | Investment Bank Investor Presentation | 28 June 2013
Fully engaged in
regulatory process
Rules not finalised
• Implementation timings
ranging from mid 2015 to
2019
•
International regulatory
•
coordination needed
Impact on wholesale
funding costs
manageable and within
plans
• Advanced Recovery &
Resolution plan in place
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