Complete 5 page APA formatted essay: BRAPS.It is focusing on developing branches in rural areas as well (Barclays.com- About Us, 2011).The main products offered by the company include commercial banki

Complete 5 page APA formatted essay: BRAPS.

It is focusing on developing branches in rural areas as well (Barclays.com- About Us, 2011).

The main products offered by the company include commercial banking, retail banking, private equity, investment management, and investment banking. They have also introduced the latest service of trading iShares (Barclays.

com- Products and Services, 2011). Barclays is managed by Marcus Agius, the team director who joined the company’s board in 2006 replacing Mathew Barrett as chairperson in 2007 (Barclays.com- About Us, 2011).

The Barclays Vision is dedicated to being the international premier financial and banking services. They focus on obtaining superior financial and functional outcomes while keeping the international business standard. These unchanging anticipations offer the basis for our dedication to those with whom we associate. Barclays’ mission statement is to be creative, client-based Group, which delivers excellent products and services, make sure superb careers for our people, and participate actively to the society in which we work and live (Barclays.com- Executing our Strategy, 2011).

Barclays bank has more than 2000 UK high street branches along with the Woolwich branches. Internationally, Barclays has more than 5200 branches with most 24/7 cash machine that can be used by Barclays clients as well as other customers at a fee. There are around 150,000 employees working at Barclays throughout the world.

Barclays has an international market share as well as the local market share. This is an international corporation and, therefore, it operates worldwide. The financial data for the year 2010 is that the company boosted of 31.440 billion pounds, while their operating income was 6.065 billion pounds (Barclays.com – Annual report, 2011).

The top competitors of Barclay bank include American Express Company, Capital One Financial Corporation, and Alliances Data Systems Corporation.