1 Churchill Place
London, UK E14 5HP
U.S. Headquarters: 745 Seventh Avenue
New York, NY 10019
CEO: John Varley
Stock Symbol: BCS
Barclays is a major global financial services company engaged in retail and commercial banking, credit cards, investment banking, wealth management and investment management services, with an extensive international presence in Europe, the USA, Africa and Asia. The company is headquartered in London with U.S. headquarters in NY.
Barclays moves, lends, invests and protects money for over 48 million customers and clients worldwide.
In 2010, Barclays reported net income of £13,501m.
John Freame and Thomas Gould start trading as Goldsmith bankers
in Lombard Street in the City of London.
Freame and Gould move to 54 Lombard Street at the sign of the
Black Spread Eagle.
James Barclay, John Freame's son-in-law, becomes a partner in
The company builds a new banking house in Lombard Street.
The company joins with 19 other private banking businesses to
form a new joint-stock bank called Barclay and Company Limited.
This had 182 branches and substantial deposits of £26million.
The partners were connected by a web of family and religious
links, and the bank was often referred to as the Quaker Bank.
The bank expands rapidly around this time. In this year it takes
over Bolithos Bank in the South West of England.
Barclay and Company takes over the United Counties Bank in the
The bank amalgamates with the London, Provincial and South Western
Bank to become one of the UK's 'big five' banks. By 1926 the
bank has 1,837 outlets.
The international operation, Barclays Bank (Dominion, Colonial
and Overseas) is formed by the merger of three banks - the Colonial
Bank, the Anglo Egyptian Bank and the National Bank of South
Africa. This goes on to add business in much of Africa, the Middle
East and the West Indies.
Barclays opens Britain's first computer centre for banking in
Drummond Street, London.
Barclays launches Barclaycard, the UK's first credit card.
Barclays unveils the world's first cash machine, offering "Barclaycash"
from its Enfield branch.
Barclays acquires Martins Bank which was the largest UK bank
to have its head office outside London, in Liverpool.
Barclays is the first UK bank to introduce Personal Bankers in
its UK branches.
Barclays becomes the first foreign bank to file with the US Securities
and Exchange Commission and raise long-term capital on the New
Barclays UK and International are merged to form Barclays PLC.
Barclays becomes the first British bank to have its shares listed
on the Tokyo and New York stock exchanges. The bank's global
expansion is given added impetus by the creation of BZW. This
evolved to become Barclays Capital, the investment banking division
of the bank, managing larger corporate and institutional business.
Innovations continue. In this year the telephone banking service
Barclaycall is introduced.
Barclays purchases the fund manager Wells Fargo Nikko Investment
Advisers. The business is integrated with BZW Investment Management
to form Barclays Global Investors.
Online banking begins at Barclays. Customised services are also
developing fast with the introduction of Barclays Private Bank
and Premier Banking.
Barclays takes over the Woolwich, a leading mortgage bank and
former building society founded in 1847.
Barclays forms a strategic alliance with Legal & General
to sell life, pensions and investment products throughout its
Barclays acquires Banco Zaragozano, one of Spain's largest private
sector banking groups, which was founded in 1910.
Barclays Head Office moves to the iconic Canary Wharf building
in London's regenerated Docklands. Barclays also acquires a majority
stake in Absa Group Ltd, South Africa's largest retail bank with
more than eight million customers.
A benchmark year when 50 per cent of Barclays profits are made
outside the UK.
2008 - Barclays purchased the brokerage and investment banking division of bankrupt Lehman Brothers for $1.75 billion. The deal also includes the purchase of Lehman's 7th Avenue headquarters in Manhattan and two data centers in New Jersey.
As well as a competitive salary, we offer
an annual discretionary bonus. The amount you receive depends
on how you perform as an individual and how well we all do as
Our award-winning afterwork pension scheme,
meanwhile, is designed to give you peace of mind in retirement.
As a Barclays colleague you can take advantage
of our Sharepurchase scheme which is a flexible tax-free opportunity
to buy shares in Barclays either through regular payments or
a lump sum. We also have Sharesave, a monthly savings plan which
gives you the chance to buy shares in Barclays at up to a 20%
discount. You choose up front whether you want to buy your shares
in three, five or seven years' time using your built-up savings.
Like all financial investments, you should consider getting independent
financial advice before making any decisions.
We appreciate that not everyone wants to
work 9-5, five days a week. That's why we try to be flexible
when it comes to your schedule.
Options we may be able to offer include
part-time working, and a working pattern or hours to suit your
personal circumstances. If you're having a baby, or adopting
a child, you may be entitled to take up to 52 weeks leave, giving
you plenty of quality time to spend with them and organise childcare
before you return.
You may also want to take advantage of
our Childcare Vouchers Scheme which allows you to save on the
cost of your childcare arrangements.
Plus there are our other benefits that
allow you to do the things that you want, outside of work, including
up to 30 days holiday and the opportunity to take a career break.
As a Barclays colleague you'll have access
to some great discount offers:
"Exclusively Ours" is a range
of Barclays products and services offered to colleagues on preferential
terms. It covers everything from day to day banking products
through to protection and travel services.
Barclays Buy-A-Car scheme allows you to
take advantage of our buying power to get valuable discounts
on Mercedes, Toyota and Renault cars.
You will also have access to You at Work,
an online service that offers discounts on a wide variety of
products and services to suit all tastes - from theatre breaks
to high street shopping.
We offer a huge range of health and wellbeing
benefits. Our private medical expenses scheme gives you the comfort
of access to private treatment, saving you time and money. If
you are looking for general health advice, the Health at Hand
service gives access to a team of healthcare professionals over
the phone 24 hours a day, 365 days a year.
Our Employee Assistance programme offers
free and confidential advice on work or home worries. We've also
arranged some special discounts through "You at Work"
with top name health clubs including David Lloyd, Fitness First
and Holmes Place to keep you fit, healthy and feeling great.
Updated August 18, 2010