Barclays PLC Stock Price Today (BCS)
2023.02.24 11:56
Barclays is a global universal bank based in London, England, that is part of the Barclays group. Barclays has two divisions, Barclays UK and Barclays International, which are supported by Barclays Execution Services, a service company.
The goldsmith banking business that was established in the City of London in 1690 is where Barclays got its start. In 1736, James Barclay became a partner in the company. Barclays and Co. was formed in 1896 when twelve London and English provinces banks, including Goslings Bank, Backhouse’s Bank, and Gurney, Peckover, and Company, joined together to form a joint-stock bank. Over the next few decades, Barclays grew to become a national bank.
Barclays introduced the first cash dispenser to the world in 1967. Barclays has acquired numerous businesses, including British Linen Bank in 1919, Mercantile Credit in 1975, the Woolwich in 2000, the North American operations of Lehman Brothers in 2008, and London, Provincial, and South Western Bank in 1918.
Barclays is a component of the FTSE 100 Index and has a primary listing on the London Stock Exchange. It is listed on the New York Stock Exchange as a secondary company. The Financial Stability Board considers it to be a bank of significant systemic importance.
A 2011 study found that, in terms of ownership and, as a result, corporate control over global financial stability and market competition, Barclays was the most powerful transnational corporation, followed by Axa and State Street Corporation. Barclays is Europe’s fifth-largest bank by total assets, with operations in more than 40 countries and over 80,000 employees.
