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Barclays Bank

Barclays PLC
Public limited company
Traded as
BCS
Industry Banking
Financial services
Founded 17 November 1690; 326 years ago (1690-11-17) in City of London, Kingdom of England
Headquarters One Churchill Place, Canary Wharf, London
Area served
Worldwide
Key people
John McFarlane
(Chairman)
Jes Staley
(Group Chief Executive)
Products Retail banking
Commercial banking
Investment banking
Investment management
Revenue £25.454 billion (2015)
£2.073 billion (2015)
Profit £0.623 billion (2015)
Total assets £1.120 trillion (2015)
Total equity £65.864 billion (2015)
Number of employees
129,400 (2016)
Divisions Barclaycard
Barclays Investment Bank
Barclays Wealth
Subsidiaries Barclays Africa Group
Barclays Bank
Website www.home.barclays
www.archive.barclays.com

Barclays /ˈbɑːrkliz/ is a British multinational banking and financial services company headquartered in London. It is a universal bank with operations in retail, wholesale and investment banking, as well as wealth management, mortgage lending and credit cards. It has operations in over 50 countries and territories and has around 48 million customers.

Barclays is organized into four core business: Personal & Corporate (Personal Banking, Corporate Banking, Wealth & Investment Management), Barclaycard, Investment Banking and Africa.

Barclays traces its origins to a goldsmith banking business established in the City of London in 1690. James Barclay became a partner in the business in 1736. In 1896 several banks in London and the English provinces, including Backhouse's Bank and Gurney's Bank, united as a bank under the name Barclays and Co. Over the following decades Barclays expanded to become a nationwide bank. In 1967, Barclays deployed the world's first cash dispenser. Barclays has made numerous corporate acquisitions, including of London, Provincial and South Western Bank in 1918, British Linen Bank in 1919, Mercantile Credit in 1975, the Woolwich in 2000 and the North American operations of Lehman Brothers in 2008.

Barclays has a primary listing on the and is a constituent of the FTSE 100 Index. It has a secondary listing on the .

According to a 2011 paper by Vitali et al., Barclays was the most powerful transnational corporation in terms of ownership and thus corporate control over global financial stability and market competition with AXA and State Street Corporation taking the 2nd and 3rd position, respectively.


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