What is Barclays PLC?
Barclays PLC is a multinational British financial services company and bank. Its headquarters are based at Canary Wharf in London, UK. It is a universal bank, which offers services in retail banking, wholesale banking and investment banking.
Where have you heard about Barclays PLC?
Barclays is one of the main high street banks in Britain with over 1600 branches and can trace its origins back over 300 years. In 1966, Barclays introduced the Barclaycard, the first UK credit card and in the following year installed the first ever cash machine.
What you need to know about Barclays PLC.
Barclays was first established in 1690. It now boasts more than 48 million customers in the UK, Europe, the Americas, Africa, the Middle East, and Asia Pacific.
It has four core businesses:
1. Personal & Corporate, including: Personal Banking, Corporate Banking, Wealth & Investment Management
2. Barclaycard credit cards
3. Investment Banking
4. Barclays Africa. However, in March 2016 it was announced that it would sell its Africa business due to falling profits.
The company was formerly known as Barclays Bank International Limited and changed its name to Barclays Bank PLC in January 1985.
Find out more about Barclays PLC.
As a bank and financial services company, Barclays PLC offers personal and corporate banking, business banking, mortgages, and insurance.