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. Statoil and ICA jointly operate approximately 1300 retail stores at gas stations in Scandinavia. Today the bank is a global financial service provider operating in the UK, Europe, United States, and Africa. Turnover for the same year was 23 billion NOK (excluding VAT). The name "Barclay" first arose in 1736. ICA Norge AS runs 1,028 stores in Norway as of 2003. The bank can trace its routes back to 1690 in London. During 2003, ICA Sverige AB had a turnover of 78 billion SEK (including VAT).

Barclays Bank LSE: BARC NYSE: BCS (TYO: 8642) is the fourth largest bank in the United Kingdom. Each store is owned and operated separately, but operations are coordinated within the group. Absa (South Africa). The stores have different profiles, depending on location, range of products and size:. Barclays Portugal. In Sweden, ICA Sverige AB operates 1,668 retail stores as of 2003. Barclays Spain. .

Barclays Africa - To be 'sold' to Absa (South Africa). Most of its operations are based in Scandinavia, and the company is the largest retail company in the Nordic countries. Open Plan - Internet banking. Royal Ahold is however prevented by contractual obligation not to exercise majority control over ICA even if it later should acquire a majority of the shares. Woolwich plc - UK mortgage and savings bank. The company was owned by the participating retailers until 2000 when half of the company was sold to the Dutch retailer Royal Ahold. Barclays Global Investors - Institutional Asset Management. The company was started in 1938, based on a business model which was introduced by Hakonbolagen since 1917.

Barclays Capital - Investment banking. ICA (Inköps-Centralen Aktiebolag) is a Swedish corporate group in the retail business. Barclaycard - Global credit card business. MAXI ICA Stormarknad — Stores with very large range, meant for large family purchases. Barclays Private Clients - Offshore and Private banking. Typically located outside of the cities. Barclays Bank plc - UK clearing bank. Large spaces allocated for traffic and parking.

2005 - Barclays seals £2.6bn takeover of Absa, South Africa's largest retail bank, acquiring a 54% stake on July 27. ICA Kvantum — Stores for large, planned, purchases. 2001 - Barclays closes more than 170 rural branches in the UK. ICA Supermarket — Mid-size supermarkets, located near where customers dwell or work carrying a wide range of products. 2000 - acquisition of Woolwich Plc (formerly the Woolwich Building Society). ICA Nära ("ICA Near-by") — Convenience-type stores for daily retail needs. 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.