Good asset quality relative to peers over an extended period. Leading business positions in U.K. banking and global investment banking. Reasonably diversified revenues by business line and by geography. Investment banking increases group revenue volatility and confidence sensitivity. Modest internal capital generation and the possibility of litigation and customer redress charges weighs on our capital assessment. In the early stages of a period of strategy implementation, restructuring, and cultural change. Weaker performing European businesses. The negative outlook on U.K.-based Barclays Bank PLC reflects Standard&Poor's Ratings Services' view of three factors. The outlook: Mirrors the negative outlook on the U.K. Under our criteria, with all other factors remaining the same, if we were to lower the long-term unsolicited rating
