Strategic Analysis of Barclay Group

Submitted by: Submitted by

Views: 290

Words: 4734

Pages: 19

Category: Business and Industry

Date Submitted: 05/13/2013 02:40 AM

Report This Essay

Strategic Analysis of Barclays Group

1. Introduction

1.1 Background

Barclays group PLC is a big global financial provider operating in Europe, America, Australia, Asia, Middle East and Africa, which is engaged in retail banking, credit cards, corporate banking, investment banking, and wealth management. It made up Global Retail Banking, Corporate and Investment Banking, Wealth Management, each of which has a number of business units. And the group centre, which comprises all Barclays essential support. With 300 years of historical existence, the group operates through its subsidiary Barclays Bank PLC, in over 50 countries and has 147,500 employees and a merger with Absa group in South Africa.

The group practices integrated global banking model to serve its customers and clients as well as optimising risk adjusted returns for its shareholders. Thus, it moves, lends, invest and protects money for more than 38 million customers and clients worldwide. It is the third largest bank in the world in terms of assets and the one of the largest financial services provider in the world with a core tier one ratio of 11 per cent. It is the third largest bank in the United Kingdom (UK) based on market capitalization, with headquarters at 1 Churchill Place in London, England, having moved there in May 2005 from Lombard Street in London.

1.2 Purpose and Objectives

The group purpose is to make available products as well as services to help the customers to achieve their financial goals that would in turn lead to economic growth. To attain this, the plan focused on the following objectives:

• A safer and more secure financial system.

• A banking industry that is equipped to support the needs of the global economy.

• The ability of the suppliers of financial capital to earn a positive return on their capital.

• Demonstrating its credentials as a good citizen

To achieve these objectives, the plan entails analysis of the market environments of the bank and...