Company: BCS
Filing Date: 2025-02-13
Form Type: 20-F
Source: 0000312069-25-000114
Chunk: 242

Company: BARCLAYS PLC
Filing Date: 2025-02-13
Form: 20-F
Chunk 242
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 banks. We also include the most comparable to Barclays of the other large UK- listed banks, to help maintain balance. Five firms out of 11 in the peer group are US based, reflecting the Group&#8217;s large US operations and key competitors. Based on the size and complexity analysis below, Barclays is more complex than most UK and European peers, and around the mid- point versus this peer group overall, if taking the average across the different measures shown. Size and complexity of Barclays versus the peer group1 Companies are ordered based on average score across all measures and bar lengths are relative to largest value in each category Size Complexity Company Total assets (&pound;bn) Revenue (&pound;m) Geographic scope2 Revenue from US/ Americas (%) Markets & Banking proportion3 Markets & Banking revenue (&pound;m) JPMorgan Chase & Co (JPM) Goldman Sachs (GS) Morgan Stanley (MS) Bank of America (BofA) Citigroup (Citi) Barclays (BARC) UBS Group4 (UBS) Deutsche Bank (DB) HSBC Holdings (HSBC) BNP Paribas (BNPP) Standard Chartered (SC) Lloyds Banking Group (LBG) Notes: 1 Peer group data relate to the 2023 financial year, and are provided by the independent advisors to the Committee (PwC). 2 &#8216;Geographic scope&#8217; based on peer Annual Reports indicating geographic breadth of revenue origination e.g. empty circle indicating 100% of revenues from the country where the company is headquartered; full circle >10% of revenues from each of three other regions. Citigroup geographic scope estimated as disclosure is insufficiently granular. 3 &#8216;Markets & Banking proportion&#8217; based on those businesses&#8217; revenues as a proportion of total revenues. BNP Paribas includes only Markets, as their disclosures combine investment banking and corporate banking revenues. 4 UBS: underlying revenue includes Credit Suisse revenues but excludes one-off transaction impacts. Geographical scope excludes Credit Suisse as revenues by geographical regions are not disclosed on the same basis. Sources of senior management talent The same banking peers that we referred to above are also our main source of senior talent. Over the last 10 years, 53% of hires into roles on the Barclays Group Executive Committee and their direct reports have come from our international banking peers. The percentage increases to c.70% if we include other US financial services firms