October 01, 2014 12:58 PM ET

Banks

Company Overview of Barclays Bank PLC

Company Overview

Barclays Bank PLC provides various financial services primarily in the United Kingdom, Europe, the Americas, Africa, the Middle East, and Asia. The company offers personal banking services, including current accounts, personal loans, credit cards, car loans, mortgages, and investments, as well as travel, home, student possession, and life insurance. It also provides business banking services comprising current accounts, loans, savings, overdrafts, credit cards, credit management, business insurance, and payment services. In addition, the company offers corporate banking services consisting of cash management; financing services, such as asset finance, debt capital market, venture, corporate ...

1 Churchill Place

London,  E14 5HP

United Kingdom

Founded in 1925

139,600 Employees

Phone:

44 20 7116 1000

Key Executives for Barclays Bank PLC

Group Chief Executive Officer
Age: 52
Group Finance Director and Executive Director
Age: 45
Interim Chief Operations and Technology Officer
Group Chief Executive of Absa and Chief Executive of Barclays Africa
Age: 55
Chief Executive Officer of Personal and Corporate Banking
Age: 53
Compensation as of Fiscal Year 2014.

Barclays Bank PLC Key Developments

Barclays Bank PLC Launches Return on Disability ETNs

Barclays Bank PLC announced the launch of the Barclays Return on Disability Exchange Traded Notes. Barclays plans to list the ETNs on the NYSE Arca Stock Exchange under the ticker symbol RODI, to begin trading on September 11, 2014. The ETNs are linked to the performance of the Return on Disability US LargeCap ETN Total Return USD Index and are designed to provide investors with exposure to US-based companies that have acted to attract and serve people with disabilities - and their friends and family - as customers and employees. The Index uses a quantitative ranking methodology to measure a company's publicly observable activities relating to people with disabilities across three key areas: talent, customer and productivity. This ranking methodology focuses on elements that have the potential to increase shareholder value in a company, such as using best practices for attracting and hiring candidates with disabilities, focusing on 'ease of use' features in products and services, and implementing productivity-focused process improvements driven by people with disabilities. The Index notionally tracks the returns that may be available from investing in a basket of up to 100 stocks that are selected pursuant to the Return on Disability(R) Binary Ranking, created by The Return on Disability Group (an affiliate of the Donovan Group LLC), and meet certain market capitalization, trading volume and financial viability thresholds. Donovan Group LLC is the index sponsor.

Barclays Bank PLC Announces Second Interim Dividend for 2014, Payable on September 19, 2014

Barclays Bank PLC announced that the board has decided to pay on 19 September 2014, a second interim dividend for 2014 of 1 pence per ordinary share to shareholders on the share register on 8 August 2014, making a total for first of 2014 of 2 pence against 2 pence in 2013.

Barclays Bank PLC Announces Unaudited Consolidated Financial Results for the Second Quarter and Six Months Ended June 30, 2014

Barclays Bank PLC announced unaudited consolidated financial results for the second quarter and six months ended June 30, 2014. For the six months, the company reported net interest income of £6,110 million against £5,601 million a year ago. Total income was £13,630 million against £15,403 million a year ago. Net operating income was £12,304 million against £13,504 million a year ago. Profit before tax was £2,504 million against £1,648 million a year ago. Profit attributable to equity holders of the parent was £1,446 million against £886 million a year ago. Adjusted net operating income was £12,246 million against £13,440 million a year ago. Adjusted profit before tax was £3,349 million against £3,591 million a year ago. Adjusted attributable profit was £1,760 million against £2,055 million a year ago. Adjusted return on average tangible shareholders' equity was 7.5% against 9.1% a year ago. Return on average tangible shareholders' equity was 4.9% against 3.0% a year ago. Return on average shareholders' equity was 4.2% against 2.6% a year ago. Adjusted return on average shareholders' equity was 6.5% against 7.8% a year ago. Net asset value per share of 327 pence against 331 pence a year ago and net tangible asset value per share of 279 pence against 283 pence a year ago. Diluted earnings per share were 7.0 pence per share against 4.8 pence per share a year ago. Net cash from operating activities was £593 million against £11,100 million a year ago. Adjusted income decreased 12% to £13,332 million whilst impairment reduced by 33% to £1,086 million, resulting in a 9% decrease in net operating income to £12,246 million. For the quarter, the company reported net operating income of £6,144 million against £6,412 million a year ago. Adjusted profit before tax was £1,656 million against £1,805 million a year ago. Statutory profit before tax was £689 million against £142 million a year ago. Profit attributable to equity holders of the parent was £161 million against loss attributable to equity holders of the parent of £168 million a year ago. Basic earnings per share was 1.0 pence against basic loss per share of 1.2 pence a year ago. Adjusted basic earnings per share were 5.4 pence against 7.7 pence a year ago.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
August 31, 2014
Barclays Bank, S.A.
 

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