Barclays US LLC Receives Non-Objection to its Capital Plan in 2018 CCAR
29 June 2018 - 6:44AM
Business Wire
Barclays notes the Board of Governors of the Federal Reserve
(“FRB”) publication of the Comprehensive Capital Analysis and
Review (“CCAR”) results for Barclays US LLC (Barclays’ US
Intermediate Holding Company, the “IHC”), on 28 June 2018.
The FRB did not object to Barclays US LLC’s capital plan under
its first public CCAR, reflecting the strength of the IHC’s capital
position. Under both the FRB’s and Barclays’ company-run assessment
of the supervisory severely adverse scenario, the IHC’s projected
capital ratios remained above regulatory minimum required levels
across all nine quarters of the test.
Jes Staley, Barclays Group CEO, commented:
“This result serves as another demonstration of Barclays’ track
record of successfully responding to the evolving regulatory
environment that all banks face. We look forward to ongoing
dialogue with the Federal Reserve and our other regulators as we
continually enhance our capital planning processes."
Barclays US LLC today published its own assessment of the
supervisory severely adverse scenario, which can be found on the
Barclays website at:
https://www.home.barclays/barclays-investor-relations/investor-news/FED-filings.html
About BarclaysBarclays is a transatlantic consumer and
wholesale bank offering products and services across personal,
corporate and investment banking, credit cards and wealth
management, with a strong presence in our two home markets of the
UK and the US.
With over 325 years of history and expertise in banking,
Barclays operates in over 40 countries and employs approximately
80,000 people. Barclays moves, lends, invests and protects money
for customers and clients worldwide.
For further information about Barclays, please visit our website
home.barclays
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BarclaysInvestor RelationsLisa
Bartrip, +44 (0) 20 7773 0708orMedia
RelationsTom Hoskin, +44 (0) 20 7116 6927orKerrie Cohen, +1
212-412-4096
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