Company Profile
- Barclays Bank PLC (“BB”, “the bank”) is the subsidiary of Barclays PLC (LON: BARC) (“Barclays” of “the group”), one of the leading UK financial institutions. The group operates in its core UK and US markets, focused on consumer, corporate, and wealth and private banking franchises in the UK, a specialist US consumer bank, and a global investment bank. It has overseas operations in 38 countries.
- Barclays announced an operational restructuring in February 2024, including cost cuts, asset sales and a reorganisation of its business divisions, resulting in a £927 million restructuring charge in 4Q 2023. The group now has five operating divisions, being Barclays UK, UK Corporate Bank, Private Bank & Wealth Management, Investment Bank, and US Consumer Bank.
- Under the leadership of CEO CS Venkatakrishnan, Barclays aims to become a “Simpler, Better and More Balanced” bank, focusing on improved customer service and support for consumers and businesses,…