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Barclays
Barclays Bank has been around a while- over 300 years to be exact, and count as one of the "Big 4" British banks. Over ten million people have current accounts with Barclays Bank, and they're served in a little over 2000 branches. Barclays Bank also owns the Woolwich, which means their funds are also behind plenty of mortgages. Barclays employs just under 74,000 people worldwide, although this is gently reducing as
technology (and cutbacks) reduce staff.
Barclays Bank is behind two big innovations; which form a large chunk of its business groups. The first is Barclaycard- yes, credit cards were new once! Barclaycard, despite a high interest rate, remains the UK's most popular credit card. And then there are cash machines, which Barclays Bank pioneered (and they now have almost 4000).
Around 750,000 businesses also entrust their banking to Barclays Bank, there is a bespoke Private Client wealth management arm for those earning over £60,000; the other major operation is Barclays Global Investors which manages financial assets for institutional investors (like pension funds).
Barclays has a corporate social responsibility programme which
particularly focuses on financial inclusion policies including funding a financial literacy programme.
Article sourced from bank.org.uk
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