Barclays PLC
Barclays is a major global financial services provider engaged in retail and commercial banking, credit cards, investment banking, wealth management and investment management services, with an extensive international presence in Europe, the USA, Africa and Asia.
With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs over 140,000 people.
Barclays moves, lends, invests and protects money for over 49 million customers and clients worldwide.
For further information about Barclays, please visit our website www.barclays.com.
Barclays is organised into two clusters, each of which has a number of business units:
1) Global Retail Banking (GRB)
Led by Antony Jenkins, GRB encompasses all of Barclays retail businesses around the world.
Barclays Global Retail Banking (GRB) encompasses all of Barclays retail banking businesses around the world. Operating in 26 countries, Barclays GRB comprises UK Retail Banking, Barclaycard, and the retail banking and card businesses in Western Europe and Emerging Markets. Barclays GRB serves 38 million customers around the globe through a network of more than 3,700 distribution points.
To find out more about the individual Barclays GRB businesses, please visit our website: www.barclays.com
2) Investment Banking and Investment Management
Under the leadership of Robert E. Diamond, Jr, the organisation of Investment Banking and Investment Management gives a single point of strategic direction and control to a group of global businesses which enjoy substantial synergies. These businesses include:
- Barclays Capital
- Barclays Wealth
For more information please visit www.barclays.com
Barclays Global Retail Bank - Emerging Markets
GRB Emerging Markets encompasses Barclays Global Retail Banking, as well as Barclaycard operations, in 14 countries organised in four geographic areas: Asia (India, Mauritius, Seychelles, Pakistan and Indonesia), Middle East and North Africa (UAE and Egypt), East and West Africa (Ghana, Tanzania, Uganda and Kenya), and Southern Africa (Botswana, Zambia and Zimbabwe).
GRB Emerging Markets serves its customers through a network of more than 805 branches and sales centres providing a variety of traditional retail products including retail mortgages, current and deposit accounts, commercial lending, unsecured lending, credit cards, treasury and investments. In addition to this, it provides specialist services such as Sharia-compliant products and mobile banking.
The region is managed out of Dubai and is led by Vinit Chandra.
For more information please visit www.barclays.com
Barclaycard
Barclaycard, part of Barclays Global Retail Banking division, is a leading global payment business which understands the needs of both purchasers and sellers. It enables retailers and merchants to accept cards, helps customers make payments through card, contactless and mobile applications as well as extending credit to consumers.
The company is one of the pioneers of new forms of payments and is at the forefront of developing viable contactless and mobile payment schemes for today and cutting edge forms of payment for the future. It also issues credit and charge cards to corporate customers and the UK Government. Barclaycard partners with a wide range of organisations across the globe to offer their customers or members payment options and credit.
In addition to the UK, Barclaycard operates in the United States, Europe, Africa and the Middle and Far East.
Key facts published in August 2008;
- number of UK card customers: 11.9m
- number of International cards in issue: 11.2m
- number of retailer/merchant relationships: 93,000
For more information please visit www.barclaycard.com
Investment Banking and Investment Management Cluster Profile
Barclays Capital
Barclays Capital is the investment banking division of Barclays plc. With a distinctive business model, Barclays Capital provides large corporate, government and institutional clients with a comprehensive set of solutions to their strategic advisory, financing and risk management needs. Barclays Capital has offices around the world, employs 20,000 people and has the global reach, advisory services and distribution power to meet the needs of issuers and investors worldwide.
Barclays Capital has been doing business on the ground in Mumbai since coming into existence in 1998, servicing the financing and risk management needs of the Indian government, as well as corporate and institutional clients. Barclays Capital has developed a good reputation among its client base in India with many examples of repeat business and sustained ongoing business relationships, winning a number of awards for the transactions in the process. Barclays Capital is involved in the following key business areas in the Indian market:
- Financing – Onshore/offshore bonds, Convertible bonds, Structured Corporate Finance, Asset-backed Securitization, Promoter Financing, Acquisition Financing, Onshore / offshore syndicated loans, Real estate financing
- Risk Management - Interest Rates, FX, Commodities, Credit, Equity & Risk Advisory
- M&A – Advisory, Takeovers/Acquisitions, Public/Private, Cross border
For more information please visit www.barcap.com
Barclays Wealth
Barclays Wealth, the UK's leading wealth manager by client assets, has £145 billion client assets globally, at 31 December 2008. It serves affluent, high net worth and intermediary clients worldwide, providing international and private banking, fiduciary services, investment management and brokerage. Thomas L. Kalaris is the Chief Executive of Barclays Wealth and he joined the business at the start of 2006. It was voted Global Investor’s Wealth Manager of the Year for 2007.
For more information please visit www.barclayswealth.com
