January 26, 2015 10:22 AM ET


Company Overview of Barclays Bank PLC

Company Overview

Barclays Bank PLC provides various financial services primarily in the United Kingdom, Europe, the Americas, Africa, the Middle East, and Asia. The company offers personal banking services, including current accounts, personal loans, credit cards, car loans, mortgages, and investments, as well as travel, home, student possession, and life insurance. It also provides business banking services comprising current accounts, loans, savings, overdrafts, credit cards, credit management, business insurance, and payment services. In addition, the company offers corporate banking services consisting of cash management; financing services, such as asset finance, debt capital market, venture, corporate ...

1 Churchill Place

London,  E14 5HP

United Kingdom

Founded in 1925

139,600 Employees


44 20 7116 1000

Key Executives for Barclays Bank PLC

Group Chief Executive Officer
Age: 52
Group Finance Director and Executive Director
Age: 45
Interim Chief Operations and Technology Officer
Group Chief Executive of Absa and Chief Executive of Barclays Africa
Age: 55
Chief Executive Officer of Personal and Corporate Banking
Age: 53
Compensation as of Fiscal Year 2014.

Barclays Bank PLC Key Developments

UK Bank Trade Groups May Merge

HSBC Holdings plc (LSE:HSBA), Barclays Bank PLC and Lloyds Banking Group plc (LSE:LLOY) told nine trade associations in Britain to merge into a single body. Nine trade associations are Asset based Finance Association, Finance And Leasing Association, Intermediary Mortgage Lenders Association, Tax Incentivised Savings and Investment Association, Payments Council Ltd, British Bankers Association, The Uk Cards Association Ltd, Council of Mortgage Lenders, and Wealth Management Association. Banks said in a consultation paper there are too many trade groups, leading to duplication of lobbying and a lack of strategic direction. "Many trade associations acknowledge that this lack of coordination undermines the strength of UK industry representation in Brussels," the paper said. "It could help the industry rebuild trust amongst its customers," the paper added.

IG Group Holdings plc Appoints Barclays Bank plc as Joint Broker

IG Group Holdings plc announced the appointment of Barclays Bank Plc to act as joint broker to the Company, alongside Numis, with immediate effect.

Barclays Bank Sells EUR 600 Million in Floating-Rate Notes

Barclays Plc unit Barclays Bank Plc announced that it sold EUR 600 million of floating-rate notes. The notes, which are due Dec. 1, 2016, carry a coupon of three-month EURIBOR plus 28 annual basis points, payable quarterly in arrears.

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