August 30, 2016 10:38 AM ET

Capital Markets

Company Overview of Barclays Capital PLC

Company Overview

Barclays Capital PLC provides investment banking advisory services. The firm offers financing, risk management, and corporate finance advisory services. Additionally, it provides foreign exchange, securities lending, and loan syndication services. The firm also owns and operates Al Safi Trust Platform, which is an investment platform. Barclays Capital PLC was founded in 1997 and is headquartered in London, United Kingdom with additional offices in Chicago, Illinois; Boston, Massachusetts; Whippany, New Jersey; Johannesburg, South Africa; and Paris, France. Barclays Capital PLC operates as a subsidiary of Barclays Bank PLC.

5 The North Colonnade

Canary Wharf

London,  E14 4BB

United Kingdom

Founded in 1997

Phone:

44 20 7623 2323

Key Executives for Barclays Capital PLC

Managing Director and Head of Equities Liquid Markets Distribution of Asia Pacific
Chief Executive Officer of Israel Operations
Chief Executive Officer of Japan and President of Japan
Head of Mexico and President of Barclays Bank Mexico SA
Age: 45
Director and President of Barclays Plc
Age: 65
Compensation as of Fiscal Year 2016.

Barclays Capital PLC Key Developments

Wells Fargo Securities and Barclays Capital Agree to Pay $25.6 Million to R.I. Issuer in 38 Studios Settlement

Wells Fargo Securities and Barclays Capital have agreed to pay the Rhode Island Commerce Corp. $25.6 million in a proposed settlement of a lawsuit involving a loan to former videogame company 38 Studios. The parties filed the settlement with the Rhode Island Superior Court, which must give its approval before the settlement can take effect. If the court approves it, the RICC, formerly known as the Rhode Island Economic Development Corp. (RIEDC), will have recouped more than $42 million of the roughly $88 million state moral obligation on the 38 Studios bonds for both past and future appropriations, according to the corporation. Representatives from Wells Fargo and Barclays, which served as placement agents for the RIEDC on the deal, could not be reached for comment. The lawsuit stems from $75 million of municipal bonds that the RIEDC privately placed with institutional investors in November 2010 to help finance a project being developed by 38 Studios, whose board chair and majority shareholder was former baseball player Curt Schilling. The funding for the project was part of a Rhode Island program intended to spur economic development and promote job growth in the state. The bonds were backed by the state's moral obligation and were also insured. The RIEDC loaned 38 Studios $50 million from the issuance and used the remaining $25 million to pay issuance costs and to establish both a reserve fund and a capitalized interest fund. The state expected that the loan would be repaid from revenues 38 Studios generated from a new multi-player game it was developing. However, 38 Studios needed at least $75 million to produce the game and never received additional funding, leading it to default on its loan and fold completely in 2012. RICC is still litigating with other defendants involved with the deal, including First Southwest Company, its financial advisor at the time, and Schilling. First Southwest is now part of Hilltop Securities after it merged with Southwest Securities. A trial is scheduled to begin in October if the corporation and the remaining parties cannot reach settlements.

Barclays Capital PLC Presents at Barclays Americas Select Franchise Conference, May-17-2016 through May-18-2016

Barclays Capital PLC Presents at Barclays Americas Select Franchise Conference, May-17-2016 through May-18-2016. Venue: The Langham Hotel, 1C Portland Place, London W1B 1JA, United Kingdom. Presentation Date & Speakers: May-17-2016, Blayne Curtis, Brian Johnson, Felicia Hendrix, Jason Goldberg, Kenneth Hill, Manav Patnaik, Mark DeVries, Matthew Keating, Paul Cheng, Tom Driscoll. May-18-2016, Brian Johnson, Christine Cho, Jason Goldberg, Kenneth Hill, Manav Patnaik, Mark DeVries, Matthew Keating, Tom Driscoll.

Barclays Capital PLC Presents at Barclays Select Series: West Coast Biopharma Conference, Jun-02-2016 03:00 PM

Barclays Capital PLC Presents at Barclays Select Series: West Coast Biopharma Conference, Jun-02-2016 03:00 PM. Venue: Solage Calistoga, 755 Silverado Trail, Calistoga, California, United States. Speakers: Geoff Meacham, U.S. Biopharmaceuticals Senior Analyst, Jon Eckard, U.S. Biotechnology Senior Analyst.

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