Morgan Stanley Maintains Barclays as Overweight, Downgrades Medium-term Profit Outlook

Morgan Stanley has maintained an "overweight" rating for Barclays and cut its medium-term profit outlook. Barclays is a leading banking group in the UK, with three sectors: commercial banking, financing and investment, and credit cards. The group manages £547.5 billion in current deposits and £337.9 billion in current credits. Its income is split geographically, with 52% coming from the UK, 10.2% from Europe, and 32.7% from the Americas.