We think Barclays' stable management and strategy are more effectively realizing the potential of its diversified business model. We think Barclays is well-placed to navigate the remainder of the COVID-19 pandemic due to its prudent credit loss provisions and balance sheet metrics. We revised our outlook on Barclays PLC and related entities to positive from stable, and affirmed all ratings. The positive outlook reflects our view that Barclays is delivering a stronger, more consistent business profile and financial performance. As previously announced on June 24, 2021, S&P Global Ratings revised its outlook on Barclays PLC and related entities to positive from stable. The related entities include Barclays Bank PLC, Barclays Bank UK PLC, Barclays Bank Ireland PLC, Barclays Capital Inc.,
