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Barclays Bank plc


Barclays is a UK-based financial services group, with a large international presence in Europe, the USA, Africa and Asia. It is engaged primarily in banking, investment banking and investment management. In terms of market capitalisation, Barclays is one of the largest financial services companies in the world. It has been operating for more than 300 years with 25 million customers and 118,000 employees in over 60 countries.
 

Barclays origins can be traced back to a modest business founded in the late 17th Century in the heart of London's financial district.  At that time, the streets of the City of London may not have been paved with gold, but they were filled with goldsmith-bankers. They provided monarchs and merchants with the money they needed to fund their ventures around the world.   One such business was founded by John Freame and his partner Thomas Gould in Lombard Street in 1690. The name Barclay became associated with the company in 1736, when James Barclay - who had married John Freame's daughter - became a partner.

The development of today's global business began in earnest in 1925, with the merger of three banks - the Colonial Bank, the Anglo Egyptian Bank and the National Bank of South Africa to form Barclays international operations. This added businesses in much of Africa, the Middle East and the West Indies.

Intangible assets are an increasingly important component of total business worth and Barclays supports better understanding of intellectual property and its value to commerce and industry as well as society in general.  It has been a member of IPAN through its Legal division for several years now.  

contact:

Barclays Bank plc
1 Churchill Place, London, E14 5HP

http://www.barclays.com/

page last amended: 24 Sep 2008


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