2. INTRODUCTION
Barclays is a British multinational banking and financial services company
headquartered in London.
It is a universal bank.
It has operations in over 50 countries and territories and has around 48 million
customers.
Barclays is organized into four core business: Personal & Corporate (Personal
Banking, Corporate Banking, Wealth & Investment Management), Barclaycard,
Investment Banking and Africa.
It is a primary dealer in U.S. Treasury securities and various
European Government bonds.
It is the 22nd-largest company of any company with a primary listing on the
London Stock Exchange.
It has a secondary listing on the New York Stock Exchange.
Barclays Premier League - the most exciting football competition in the world.
3. FUNCTIONS OF BANK
Comprehensive Financial Advisory
Research
Merger and Acquisition
Financing
Asset Management
Risk Management
Merchant Banking
4. HISTORY
Barclays' first investment banking arm was established in 1985 under
the name Barclays de Zoete Wedd (BZW) in response to the Big
bang in UK financial services.
Bob Diamond took charge of Barclays investment banking business in
1996.
The equity and Corporate Finance Divisions were sold to Credit Suisse
First Boston in 1998.
In mid-March 2012, the trading name of Barclays Capital was changed
to simply 'Barclays', and the name of the division was changed to
'Barclays Investment Bank'
6. STRATEGY
Business Structure: Our multiple business divisions work
together to provide customers and clients the best offerings
across our chosen markets.
Balanced Scorecard: It defines what we need to achieve over
the next five years. It clearly shows what success looks like
across the 5Cs: Customer & Client, Colleague, Citizenship,
Conduct, and Company.
Transform Programmed: It is the plan that will help Barclays
become the bank of choice. It has three overall goals:
turnaround, return acceptable numbers, and sustain Forward
momentum.
12. MAJOR DEALS IN PAST YEARS
Barclays ranked sixth in global M& A last year,
advising on 238 deals with a combined value of $
550 billion.
Barclays advising aerospace part manufacturing
company Avio Spa on $4.3 billion sales to
General Electric.
Barclays industry leading private equity business
stuck $42.3 billion worth of deals.
In 2013, Barclays ranks second in the global
industrial league tables worth $8.9 billion.
15. FUTURE PROSPECTS
UK banks suffered loss during credit crunch.
Barclays recover fastly compare to other banks in UK.
In 2015 price earning ration is 13.55 and is expected
decrease to 10.44.
Dividend yield expected to increase 3.84% from
2.85%.