ABOUT THIS COMPANY:Big Barclays
Barclays 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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