Barclays PLC
Also Known As: Barclays, Barclays Bank, Barclays Bank plc
Commercial Lending
VAULT RANKINGS 2013
#5
Prestige
GENERAL INFO
Headquarters: London,
United Kingdom
60 offices
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NEWS AND UPDATES
Vault's Scoop
ABOUT THIS COMPANY:
Big BarclaysBarclays PLC, a venerable London-based bank that dates back to 1690, provides retail and commercial banking, credit card, investment banking, wealth management and investment management services. It has a presence in more than 50 countries worldwide, with over 48 million customers and 155,000 employees.
The bank’s retail and commercial operations are provided through six main units: UK retail banking, Barclays Commercial Bank, Barclaycard, GRCB (global retail and commercial banking) emerging markets, GRCB Western Europe and Absa (the largest South Africa financial services institution in terms of customer deposits and loans as well as online banking; Barclays acquired Absa in 2005). Its investment banking and investment management operations are provided through two main divisions: Barclays Capital (the investment banking unit) and Barclay’s Wealth (its wealth management business). Barclays Global Investors, formerly its asset management unit, was sold in June 2009 to New York-based investment manager BlackRock.
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From the Community
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Getting Hired
Tips from the inside
Where they’re hiringThe financial crisis has taken its toll on Barclays recruiting, and it’s lowered the odds of landing jobs in most departments. “Competition has gotten a lot tougher as banks have collapsed and cost savings are being made across the board,” says an analyst, who adds that “hiring has been cut back apart from the equities business, which is being built up.” In this respect, at least, “it’s one of the few banks expanding operations in investment banking.”
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