Barclays Bank PLC (“BB”, “the bank”) is the subsidiary of Barclays PLC (LON: BARC) (“Barclays”, “the group”), one of the leading UK financial institutions. Barclays operates across its core UK and US markets, offering consumer, corporate, and wealth and private banking in the UK and a specialist consumer banking franchise in the US. It also maintains a global investment banking platform and operates in over 40 countries.
Following the restructure in 2024, Barclays now operates through five divisions: Barclays 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, whilst delivering higher quality income growth and building returns.
The acquisition of Tesco Personal Finance Plc’s retail banking business…
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