Free Business Dissertations - Researcher - And march 23, 2005 The International Market Growth
Researcher - and
Brief
March 23, 2005
The International Market Growth Strategies of Barclays bank
Barclays is a United Kingdom based financial services group that places its focus within the areas of banking, investment banking and investment management. Barclays has operations running throughout sixty countries with major points of interest in Europe, the United States, Asia, and Africa. Barclays is the fourth largest bank in the United Kingdom. The banks headquarters are at Lombard Street in the City Of London. Barclays currently employs 78,000 employees and Barclays currently owns more stock (3.9%) than any other stockholder in the largest company on the planet, Exxon Mobil. The fundamental principal to Barclays osophy is to include the interests of all of their shareholders from customers, employees, shareholders and the wider community in route to providing a valued and prosperous circumference of satisfied stakeholders.
A high priority is placed on dealing with three lines of operations. Firstly the banking division that provides up front service and customer attention to United Kingdom retail and business banking customers. The UK retail banking side courts some for 14 million accounts, servicing around 566,000 customers, while the business side lends service to primarily middle to larger sized businesses of around 180,000 customers. A second major focus for Barclays is Private Clients. Barclays stands today as the largest retail stockbroker in the United Kingdom, with clients mainly in the UK and the continental Europe. The gist of the client makeup is high net worth and clients of corporate billing. Third is the International Retail and Commercial Banking sector of Barclays business. Barclays has some 800 international branches placed throughout Europe, Africa and the Middle East, which provide a large array of services including current accounts, savings, mortgages and loans. Others smaller areas of focus for Barclays are Barclays Capital, Barclaycard, Barclay Global Investors and Woolwich. It is within these areas that Barclay is placing a larger focus towards growing throughout the international markets. Barclays Capital is a global investment bank which provides advice and solutions to the financial and risk management needs of corporate, institutional and government clients. Barclaycard has some 11.2 million UK customers with 2.9 million cards issued internationally. This happens to have been the UK’s first credit card and also the leader in card services provided over the internet 800,000 customers using the online account services. Barclaycard operates internationally throughout Europe, the United States and Africa and has recently made efforts to expand even more into the United States with the acquisition of the US credit card, Juniper Financial Corporation in December 2004.
Dissertations - Free Business Dissertations
