RBS (
RBS (NYSE: RBS) and Barclays (NYSE: BCS) are two of the biggest British banks. The enterprise fashions of each the banks have modified considerably because the financial downturn, with their paths diverging significantly. RBS, particularly, has shrunk to a fraction of its dimension. The financial institution moved away from a enterprise mannequin that was far more diversified to 1 that relies upon nearly fully on conventional loans-and-deposits banking within the UK. Whereas Barclays has additionally lower down on its buying and selling operations, its enterprise mannequin stays far more diversified. However the UK Retail enterprise stays considered one of its key income drivers. Trefis captures detailed developments within the UK Retail banking enterprise for RBS vs. Barclays in an interactive dashboard. We conclude that though Barclays has a extra important retail banking presence within the UK that generates extra revenues, RBS is doing exceptionally effectively to report extra income regardless of its smaller dimension.
Barclays has larger revenues, however RBS is closing the hole
- Barclays’ UK retail enterprise is bigger than RBS’s. As of 2018, Barclays’ UK retail revenues stood at £6.6 billion,…