sector: Financials ·
industry: Investment Services ·
As of
8:23pm IST
314.25GBp
Barclays PLC (Barclays) is a global financial services provider engaged in retail and commercial banking, credit cards, investment banking, wealth management and investment management services with an international presence in Europe, United States, Africa and Asia. The Company operates in business segments: UK Retail Banking, Barclays Commercial Bank, Barclaycard, Global Retail and Commercial Banking (GRCB)-Western Europe, GRCB-Emerging Markets, GRCB-Absa, Barclays Capital, Barclays Global Investors and Barclays Wealth. In November 2008, Barclays PLC announced that it has completed the purchase of the Italian residential mortgage business of Macquarie Group Limited. In October 2008, Swiss Re completed the acquisition of Barclays PLC's Barclays Life Assurance Company Ltd. On September 22, 2008, Barclays PLC completed the acquisition of Lehman Brothers North American investment banking and capital markets operations and supporting infrastructure.
BRIEF: For the nine months ended 30 September 2009, Barclays PLC's revenues increased 26% to £23.79B. Net income decreased 29% to £2.73B. Revenue reflects increase total income net of insurance claims. Lower income reflects increase in operating expenses, the presence of own charge vs. an gain, decrease in gains on acquisitios & disposals, and lower profit before tax. Barclays PLC is a global financial services provider.
Barclays PLC
1 Churchill Place,
London ENG E14 5HP
P: +4420.71161000
F: +4420.71167665