Barclays Bank

Barclays Bank LSE: BARC NYSE: BCS (TYO: 8642) is the fourth largest bank in the United Kingdom. The bank can trace its routes back to 1690 in London. The name "Barclay" first arose in 1736. Today the bank is a global financial service provider operating in the UK, Europe, United States, and Africa. The bank's headquarters are at One Churchill Place in Canary Wharf, in London's Docklands, having moved there in May 2005 from Lombard Street in the City of London.

History of Barclays Bank

  • 1896 - several small London banks unite under the banner of Barclays and Co
  • 1905-1916 - acquisitions of small English banks extends the branch network
  • 1918 - Barclays amalgamated with the London, Provincial and South Western Bank
  • 1966 - Barclaycard launched, the first credit card in the world
  • 1967 - Barclays unveils the first ATM cash machine
  • 1969 - acquisition of Martins Bank
  • 1997 - "black hole" discovered in the accounts of BZW, Barclay's investment bank division.
  • 1998 - BZW business broken up, parts sold to Credit Suisse First Boston
  • 2000 - acquisition of Woolwich Plc (formerly the Woolwich Building Society)
  • 2001 - Barclays closes more than 170 rural branches in the UK
  • 2005 - Barclays seals £2.6bn takeover of Absa, South Africa's largest retail bank, acquiring a 54% stake on July 27

Constituents of Barclays Bank Group

  • Barclays Bank plc - UK clearing bank
  • Barclays Private Clients - Offshore and Private banking
  • Barclaycard - Global credit card business
  • Barclays Capital - Investment banking
  • Barclays Global Investors - Institutional Asset Management
  • Woolwich plc - UK mortgage and savings bank
  • Open Plan - Internet banking
  • Barclays Africa - To be 'sold' to Absa (South Africa)
  • Barclays Spain
  • Barclays Portugal
  • Absa (South Africa)

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The bank's headquarters are at One Churchill Place in Canary Wharf, in London's Docklands, having moved there in May 2005 from Lombard Street in the City of London. It wholly owns shipping company American President Lines. Today the bank is a global financial service provider operating in the UK, Europe, United States, and Africa. Neptune Orient Lines Limited (SGX: N03), or NOL for short, is a Singapore-based global transport company with core businesses in container shipping and supply chain management. The name "Barclay" first arose in 1736. The bank can trace its routes back to 1690 in London.

Barclays Bank LSE: BARC NYSE: BCS (TYO: 8642) is the fourth largest bank in the United Kingdom. Absa (South Africa). Barclays Portugal. Barclays Spain.

Barclays Africa - To be 'sold' to Absa (South Africa). Open Plan - Internet banking. Woolwich plc - UK mortgage and savings bank. Barclays Global Investors - Institutional Asset Management.

Barclays Capital - Investment banking. Barclaycard - Global credit card business. Barclays Private Clients - Offshore and Private banking. Barclays Bank plc - UK clearing bank.

2005 - Barclays seals £2.6bn takeover of Absa, South Africa's largest retail bank, acquiring a 54% stake on July 27. 2001 - Barclays closes more than 170 rural branches in the UK. 2000 - acquisition of Woolwich Plc (formerly the Woolwich Building Society). 1998 - BZW business broken up, parts sold to Credit Suisse First Boston.

1997 - "black hole" discovered in the accounts of BZW, Barclay's investment bank division. 1969 - acquisition of Martins Bank. 1967 - Barclays unveils the first ATM cash machine. 1966 - Barclaycard launched, the first credit card in the world.

1918 - Barclays amalgamated with the London, Provincial and South Western Bank. 1905-1916 - acquisitions of small English banks extends the branch network. 1896 - several small London banks unite under the banner of Barclays and Co.