Barclays PLC
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| Barclays Plc | |
| Founded | 1690 |
|---|---|
| Headquarters | London; operates in over 50 countries |
| Key People | Marcus Agius, Group Chairman of the Board; Robert E. Diamond Jr., President, CEO Investment Banking and Investment Management |
| Employees | Around 147,000 people |
| Web site | http://www.barclays.com/ |
Barclays Plc is a global financial services provider engaged in retail and commercial banking, credit cards, investment banking, wealth management and investment management services. The company, along with its subsidiaries, operates through six business segments: UK Banking, Barclaycard, International Retail and Commercial Banking, Barclays Capital, Barclays Global Investors and Barclays Wealth. On March 3, 2008, Barclays entered into an agreement with Petropavlovsk Finance (Limited Liability Society) to acquire 100 percent of the Russian bank, Expobank.
In April 2008, Barclays Capital acquired the assets of PowerLytix LLC, a provider of market data analysis. In July 2008, Barclays PLC completed the acquisition of 100 percent of Expobank, a Russian retail and commercial bank. Expobank became part of Barclays Global Retail and Commercial Banking Emerging Markets business. In August 2008, Barclays PLC started operations in Pakistan.
In September of 2008, Barclays said it may pick up some of Lehman Brothers Holdings Inc.'s assets and employees in Europe and Asia, on top of the British bank's deal to acquire key U.S. operations from the investment bank after Lehman Brothers' bankruptcy reorganization.[1] Barclays' deal to buy substantially all of Lehman's U.S. capital markets business included the futures operation.[2]
Contents |
History
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Products and Services
Key People
- Chairman of the Board, Marcus Agius
- Group Chief Executive, John Varley
- President, Barclays PLC and CEO of Investment Banking and Investment Management Robert E. Diamond Jr.
Resources
- Registered No: 1026167. Registered Office: 1 Churchill Place, London, E14 5HP
References
- ↑ Barclays Studies Bid on Lehman Overseas Assets. Chicago Tribune. Retrieved on September 18, 2008.
- ↑ Barclays' Deal Includes Lehman's U.S. Futures Arm. CNN Money.com. Retrieved on September 18, 2008.
