Page 40 - Flip Banks TG
P. 40
Weaknesses
• Material legacy conduct issues are still a factor in the
near future for Barclays that they will have to contend
with.
• Legacy technology issues and operating infrastructure
need to be modernised and be cyber resilient (Financial
Times 2017).
• Returns from Barclays’ core businesses particularly the
corporate and investment banking segments in the US,
are still a major weakness with the group trading at a
40% discount to book value.