Barclays Company Description
Barclays sports more than 1,700 branches in the UK and some 2,000 more in Europe, Africa, Asia, and the US. The bank's offerings include personal financial services (savings, checking, and consumer loans); corporate banking; insurance; mortgage lending (Woolwich); and credit cards (Barclaycard). It operates investment bank Barclays Capital and offers wealth management services through Barclays Wealth. In 2008 Barclays bought the North American investment banking and capital markets business of troubled firm Lehman Brothers for approximately £1 billion ($1.75 billion). In 2009 it announced the sale of Barclays Global Investors to American money manager BlackRock, for $13.5 billion.
View the Comprehensive Company Description for Barclays
The Company Description provides a historical perspective of Barclays's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Barclays's evolution in the marketplace.
