Case Study on Barclays Bank

Powerful Essays
Case Study on Barclays Bank
Introduction
This case study paper will analyze the economics of Barclays, one of the largest financial providers in the UK and in the world. It will also use Barclay’s example to illustrate the peculiarities of banking industry functioning.
Overview of the Business
Barclays is an international financial services provider operating in more than 50 countries and serving more than 42 million customers worldwide. It engages in commercial banking, investment banking, wealth management and asset management. Its commercial banking arm offers services to British and international customers, including current accounts, savings accounts, mortgages, insurance, credit cards and consumer loans. It has a majority stake in Absa, a major South African bank. It has recently acquired Russia’s Expobank and announced its intention to buy Indonesia’s Akita.
Barclays’ investment banking and investment management business cluster consists of Barclays Capital, Barclays Wealth and Barclays Global Investors. Barclays Capital is an investment bank that also offers consultancy, financing and risk management services. Barclays Wealth provides private banking, asset management, stockbroking, offshore banking, and wealth structuring and financial planning services. Barclays Global Investors is one of the world’s largest asset managers and providers of investment management products and services.
Barclays’ net income amounted to £23,000 million in 2007, up from £17,333 two years earlier. Earnings per share constituted 68.9p, and return on equity was 20.3%. However, the results for the first half of 2008 were disappointing, profits being 33% down. While insignificant growth was delivered by Barclays’ commercial banking division, Barclays Capital profits fell 68%, and Barclays Global Investors profits were 32% less than in the second half of this year.
After the company refused to buy Lehman Brothers and the latter filed for bankruptcy, Barclays acquired Lehman’s

You May Also Find These Documents Helpful

  • Powerful Essays

    Barclays is a global profit making service provider that offers retail and commercial banking,corporate and investment banking,credit cards,wealth and investment management to over 50 countries worldwide.…

    • 1846 Words
    • 8 Pages
    Powerful Essays
  • Satisfactory Essays

    Bank of America is one of the world's largest financial institutions, serving individual consumers, small and middle market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk-management products and services. The company provides unmatched convenience in the United States, serving more than 59 million consumer and small business relationships with more than 6,100 retail banking offices, more than 18,000 ATMs and an online banking with more than 25 million active users. Bank of America offers services to more than 4 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients in more than 150 countries and has relationships with 99 percent of the U.S. Fortune 500 companies and 83 percent of the Fortune Global 500. Bank of America Corporation stock (NYSE: BAC) is a component of the Dow Jones Industrial Average and is listed on the New York Stock Exchange. In late-2008, Bank of America acquired Merrill Lynch, a long-standing, global investments and financial services firm.…

    • 657 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Scotiabank Analysis

    • 7764 Words
    • 32 Pages

    Extensive research has determined that the banking industry is in an unstable state. The industry’s profits have declined over the last few years mainly as a result of bad debt resulting from the US subprime issues as well as the recent global economic downturn. With many competitors, competition has increased in recent years to attract younger customers who historically have less loyalty towards banks.…

    • 7764 Words
    • 32 Pages
    Powerful Essays
  • Good Essays

    Capital One Case

    • 553 Words
    • 2 Pages

    The Company operates in Credit Card, Commercial Banking and Consumer Banking segments. It issues credit cards, loans, banking and savings products, while determining rates to charge, and which customers are risky.…

    • 553 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Bank of America Corporation provides a range of financial services including investment banking, corporate banking, asset management, retail banking, and credit card services. Its mission is to offer lending and investing products that serve low- and moderate-income individuals and families, improve underserved low- and moderate-income communities, and create sustainable practices for the long haul (Bank of America Mission Statement, 2014).…

    • 511 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Bank of America is a financial institution, serving individual consumers, small and middle market businesses, corporations and Governments with a range of banking, investing, asset management and other financial and risk management products and services. I choose Bank of America for many reasons: it is brand name and good financial position largest bank in the America market and stable and growing sector in US. Through its banking and various nonbanking subsidiaries throughout the United States and in international markets, the Company provides a range of banking and nonbanking financial services and products through five business segments: Consumer & Business Banking, Consumer Real Estate Services, Global Banking, Global Markets and Global Wealth & Investment Management.…

    • 648 Words
    • 4 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Transaction

    • 228 Words
    • 4 Pages

    Woolwich' and 'Woolwich' are trademarks and trading names of Barclays Bank PLC. Barclays Business is a trading…

    • 228 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    The Canadian National Bank is a case involving employee grievances and ethical issues. On February 26, 1997, Lesley Mahon was shocked and upset about the serious allegation complained formally by her subordinate—Pam Stewart to the "National Committee for Employee Concerns"(NCEC). She was wondering if there was any action to take to solve the problem. This situation was a breakout of their conflicts in a long period. The main two causes of the issues were Lesley’s leadership and Pam’s obstinacy. There were different kinds of actions that Lesley could take, and finally she should talk to her subordinate to analysis and understand the motivation and behavior of a difficult employee to solve the problem thoroughly, and at the same time learn experience from this crisis.…

    • 1067 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Century National Bank has offices in several cities in the Midwest and the southeastern part of the United States. Mr. Dan Selig, president and CEO, would like to know the characteristics of his checking account customer. To better understand the customers, Mr. Selig asked Ms. Wendy Lamberg, director of planning, to select a sample of customers and prepare a report. To begin, she has appointed a team from her staff and the team has selected a random sample of 60 customers. All the information gathered is tabulated in the table below:…

    • 2139 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    Case Study on Icici Bank

    • 3957 Words
    • 16 Pages

    ICICI Bank has grown six-fold since its KM strategy was established in 2000, making it the second biggest in India today. But that strategy has been robust enough to grow with it. Central to ICICI Bank’s success has been its flexible, innovative methods, and a plethora of KM tools that were cannily marketed to staff from the very start.…

    • 3957 Words
    • 16 Pages
    Powerful Essays
  • Best Essays

    The two main business divisions are ‘Personal Financial Services’ and the ‘Portfolio Business Unit’. The ‘Personal Financial Services’ consists of three components: the ‘UK Retail Banking’ which provides residential mortgages, savings products, personal banking services, travellers ' cheques, foreign currency and general insurance. The ‘wholesale banking’ which is in charge of the liquidity and capital management activities of the bank and also incorporates Abbey’s financial products and short term markets businesses. The last element of this division is ‘Business to Business’ which develops the business relationships of Abbey with intermediaries and generates further opportunities with small and medium sized enterprises and in workplace marketing. The second division, the ‘Portfolio Business Unit’, deals with businesses that are not consistent with Abbey’s ‘Personal Financial Services’ strategy. The intention of the organization is to reduce these businesses while making sure that returns for shareholders are maximized and risk is reduced in a timely manner.…

    • 2893 Words
    • 12 Pages
    Best Essays
  • Best Essays

    5. A broad set of experiences and assignments is the best classroom; yet, a balanced approach is necessary for development.…

    • 1493 Words
    • 6 Pages
    Best Essays
  • Good Essays

    We aspire to be the most reliable and admired financial services organizations in the world, recognised as an innovative, customer focused company that delivers superb products and services to its customers anywhere they may be, ensure excellent careers for our people and contributes positively to the communities in which we live and work.…

    • 322 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    An investment bank operates differently. An investment bank does not have an inventory of cash deposits to lend as a commercial bank does. An investment bank is a financial institution that engages in the issuance of securities on behalf of its client. An investment bank acts as an intermediary, and matches sellers of stocks and bonds with buyers of stocks and bonds. Investment banks are the banks, which facilitate both the investor, who is in search for good investment opportunity and the investee, who is searching for capital to invest in practical projects. Unlike other types of banks, investment banks do not accept deposits from customers; that is, investment banks do not provide regular banking services to the general public. The main investment banking activities are issuance of securities, underwriting of securities, providing financial related consultancy services to companies, assisting companies in the acquisition and mergers, and similar services. A few of the world renowned investment banks are JP Morgan, Bank of America, Merrill Lynch, Goldman Sachs, Morgan Stanley, and Credit Suisse.…

    • 2382 Words
    • 7 Pages
    Powerful Essays
  • Satisfactory Essays

    Barclay Bank Scandal

    • 425 Words
    • 2 Pages

    This week our team decided to reflect on the Barclay Bank Scandal. We discussed how this scandal has affected banks all over the world and how it is affecting the people, especially those who have mortgages, student loans, and credit cards. People will see their interest rates go up even hirer than they are now. Barclay has issued an apology and is now trying to put the pieces back together and fix what had happened.…

    • 425 Words
    • 2 Pages
    Satisfactory Essays

Related Topics