Leading market positions in U.K. banking and global wholesale banking. Significant diversity of business lines and customer segments. Good asset quality relative to U.K. peers over an extended period. Lack of a medium-term track record of stable management and consistent strategy. Level of statutory attributable profit has lacked predictability. Scope to improve relative efficiency. The stable outlook reflects our view that Barclays' statutory earnings performance will steadily improve and that its asset quality metrics will remain resilient over our two-year outlook horizon. An upgrade appears unlikely in the near term while Barclays builds statutory earnings to be more in line with other large global banks. If we observed growing evidence of better and reasonably predictable earnings, business and management stability,
