GBP as of April 1, 2022
Barclays PLC is a British investment bank and financial services company. Tracing its origin to 1690, Barclays is primarily involved in investment banking with additional services in personal banking, corporate banking, wealth management, and investment management.
|Company||Market Cap (USD)|
|Bank of America||$350.84 B|
|Wells Fargo||$200.01 B|
|China Construction Bank||$189.37 B|
Barclays PLC, through its subsidiaries, provides various financial products and services in the United Kingdom, Europe, the Americas, Africa, the Middle East, and Asia. The company operates through Barclays UK and Barclays International divisions. It offers financial services, such as retail banking, credit cards, wholesale banking, investment banking, wealth management, and investment management services. The company also engages in securities dealing activities; and issues credit cards. The company was formerly known as Barclays Bank Limited and changed its name to Barclays PLC in January 1985. Barclays PLC was founded in 1690 and is headquartered in London, the United Kingdom.
Barclays (/ˈbɑːrkliz, -leɪz/) is a British multinational universal bank, headquartered in London, England. Barclays operates as two divisions, Barclays UK and Barclays International, supported by a service company, Barclays Execution Services. Barclays traces its origins to the 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 Goslings Bank, Backhouse's Bank and Gurney's Bank, united as a joint-stock 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 London Stock Exchange and is a constituent of the FTSE 100 Index. It has a secondary listing on the New York Stock Exchange. It is considered a systemically important bank by the Financial Stability Board. According to a 2011 paper, 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 positions, respectively. Barclays operates in over 40 countries, employs over 80,000 people and is the fifth largest bank in Europe by total assets. Barclays UK comprises the British retail banking operations, consumer credit card business, wealth management business, and corporate banking for small and medium-sized businesses in the UK. Barclays International consists of Barclays Corporate and Investment Bank (formerly known as Barclays Capital) and the Consumer, Cards & Payments business. The investment banking business provides advisory, financing and risk management services to large companies, institutions and government clients. It is a primary dealer in Gilts, U.S. Treasury securities and various European Government bonds.
Source: Wikipedia, retrieved on March 31, 2022, 8:42 p.m.
Retail BankingCommercial BankingInvestment BankingWholesale BankingPrivate BankingWealth Management
Nigel Higgins (Group Chairman) C. S. Venkatakrishnan (Group Chief Executive)
Revenue: £21.940 billion (2021)
Operating income: £8.414 billion (2021)
Net income: £7.226 billion (2021)
Total assets: £1.384 trillion (2021)
Total equity: £70.211 billion (2021)