Business Strategy and Outlook
| Niklas Kammer |In the U.K., Barclays operates what we believe to be a strong retail franchise underpinned by a market-leading share in credit cards. The international segment is dominated by a bulge-bracket investment bank, one of the last full-service global investment banks headquartered in Europe. It also includes a credit card and current account business in the U.S. and a global wholesale banking operation. Both segments contribute about equally to income.