1. Introduction:Barclays is a UK-based financial services root assiduous primarily in banking, investment banking and investment management. In injure of assets employed, Barclays is one of the largest financial services collections in the UK. It is also a leading provider of coordinated global services to foreign corporations and financial institutions worldwide. Barclays has been involved in banking for over 300 age and operates in over 60 countries with over 74,800 employees. For the year 2003, the group achieved a pre-tax profit of Â£3,845 million. Shareholders funds were Â£16.7 billion and the Tier 1 capital ratio was 7.9%. Barclays has seven business grouping: Barclays Africa, Barclaycard, Barclays Capital, Barclays ball-shaped Investors, Barclays Private Clients, UK Banking. There aim to create value by building a virtuous circle of satisfied stakeholders. In this they benefit by tackling a changing global grocery and brand development. However, its control sty le is a hands-off resemblance and has less control over the businesses and its strategy is left to the ExecutivesBarclaycard is a wholly owned subsidiary of Barclays PLC, set up in 1966 and is the UK leading and first consultation card business. It offers a good-looking range of credit cards to customers and can be arrest to pay for goods and services together with card wages facilities to retailers and face-to-face businesses.
Barclaycard provides more than 11 million credit cards in Europe, Africa and the Caribbean. The business has four divisions:-Barclaycard UK -provides credit cards for 9.7 million customers in the UK-Barclaycard International - provides credit cards in Ger many, France, Spain, Italy, Greece, African ! & angstrom; the Caribbean-Company Barclaycard - provides corporate charge cards to 135,000 businesses. -Barclaycard Merchant Services - provides pay facilities to 131,000 retailersBarclaycard has been a brand in the UK. It was synonymous to the term credit and alsowith VISA which was its... If you want to get a full essay, cite it on our website: OrderEssay.net
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