October 28, 2016 3:38 PM ET


Company Overview of Barclays Bank PLC

Company Overview

Barclays Bank PLC, together with its subsidiaries, provides financial services in the United Kingdom, Europe, the Americas, Africa, the Middle East, and the Asia Pacific. It offers retail banking, credit cards, wholesale banking, investment banking, wealth management, and investment management services. The company also provides personal and corporate banking, business banking, mortgages, and insurance services. The company was formerly known as Barclays Bank International Limited and changed its name to Barclays Bank PLC in January 1985. The company was founded in 1925 and is headquartered in London, the United Kingdom. Barclays Bank PLC operates as a subsidiary of Barclays PLC.

1 Churchill Place

London,  E14 5HP

United Kingdom

Founded in 1925

129,400 Employees

Key Executives for Barclays Bank PLC

Chief Executive Officer, Director, Chief Executive Officer of Barclays Plc and Director of Barclays Plc
Age: 60
Group Finance Director and Executive Director
Age: 47
Group Chief Operating Officer
Chief Executive of Barclays Africa
Age: 57
Chief Executive Officer of Personal and Corporate Banking
Age: 55
Compensation as of Fiscal Year 2016.

Barclays Bank PLC Key Developments

U.S. Commodity Futures Trading Commission Orders Barclays Bank PLC to Pay $500,000 for Record Keeping Violations

The U.S. Commodity Futures Trading Commission issued an Order filing and simultaneously settling charges against Barclays Bank PLC (Barclays) for failing to create, maintain, and promptly produce required confirmations for a significant number of Exchange for Related Position (EFRP) trades in violation of CFTC Regulations. The CFTC Order requires Barclays to pay a $500,000 civil monetary penalty and to cease and desist from committing further violations of the relevant CFTC Regulations. The Order finds that, from at least September 1, 2009 to October 16, 2012, Barclays entered into at least 3,717 metals and energy EFRP trades. Barclays did not maintain and could not produce confirmations during the relevant period for at least 1,358 of these metals and energy EFRP trades, in violation of a CFTC Regulation. Further, the Order finds that, in response to document requests from the CFTC Division of Enforcement, Barclays took almost 14 months to locate and produce confirmations for the remaining metals and energy EFRP trades at issue. By failing to produce EFRP confirmations to the CFTC in a timely manner, Barclays violated another CFTC Regulation. The Order recognizes Barclays cooperation during the CFTC investigation of this matter, as well as the remedial action Barclays undertook relating to its internal controls and policies for documenting and reporting confirmations for metal and energy EFRPs after October 16, 2012. The CFTC Division of Enforcement staff members responsible for this case are Rachel Hayes, Stephen Turley, Thomas Simek, Jeffrey Le Riche, and Charles Marvine, with assistance from the CFTC Division of Market Oversight staff Wilburn E. Carlile, Brian Rushton, Vincent Varisano, Harry Hild, Arkadiusz Nowak, Andrew Nager, Ken Danger, and Matthew Hunter.

Barclays Bank PLC(NYSE:BCS.PRCL) dropped from S&P Preferred Stock Index

Barclays Bank PLC(NYSE:BCS.PRCL) dropped from S&P Preferred Stock Index

Barclays Bank PLC(NYSE:BCS.PRCL) dropped from S&P U.S. Fixed Rate Preferred Stock Index

Barclays Bank PLC(NYSE:BCS.PRCL) dropped from S&P U.S. Fixed Rate Preferred Stock Index

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Recent Private Companies Transactions

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