Barclays

An international universal bank with its main office in London, England, is called Barclays. With the assistance of a service provider, Barclays Execution Services, Barclays works as two divisions: Barclays UK and Barclays International. The City of London's goldsmith banking industry, which was founded in 1690, is where Barclays gets its name.

In 1736, James Barclay joined as a partner in the company. Twelve banks, including Goslings Bank, Backhouse's Bank, and Gurney, Peckover, and Company, from London and the English provinces, merged to form Barclays and Co. in 1896. Barclays grew during the ensuing decades to become an international bank. Barclays installed the first cash dispenser in history in 1967. In 1918, Barclays acquired the London, Provincial, and South Western Banks as well as the British Linen Company.

Many businesses have been acquired by Barclays, including the Woolwich in 2000, the London, Provincial, and South Western Bank in 1918, the British Linen Bank in 1919, the Mercantile Credit in 1975, and the North American operations of Lehman Brothers in 2008.

Barclays' market capitalization as of April 2023 is $29.52 billion. By market cap, this places Barclays as the 604th most valuable corporation in the world. The most recent financial reports from Barclays state that the company's current revenue (TTM) is $30.34 billion. The corporation generated $29.92 billion in revenue in 2021, a rise from $27.56 billion in revenue in 2020.

Founded: 17 November 1690
Headquarters: London, England, UK
Website:www.home.barclays