Barclays entered the China market in the early 1970s. Initially, its business was to arrange export credit financing for large-scale equipment procurement projects. In 1980' s, it set foot in enterprise lending business, and in 1990' s, it developed into project financing structure and bond capital market. In 2005, Barclays opened a branch in Shanghai to provide financial services and risk management services to onshore customers.
Shanghai Branch was approved to operate derivatives business in 2006. In July 2007, China National Development Bank took a stake in Barclays Bank, holding 3%. In September 2007, China Development Bank and Barclays formed a strategic alliance for commodities to jointly develop China's commodity business. 2065 438+03. 3. 22 Barclays Bank joins emerging markets.
Barclays Bank is one of the largest banks and financial institutions in the world, headquartered in London, England. Founded in 1690, Barclays Bank is the oldest bank in Britain with a history of more than 300 years. It is the first bank with an ATM in the world, and issued the first credit card in Britain in 1966 and the first debit card in Britain in 1987.
By the end of 20 13, the number of employees worldwide had reached140,000. As of 20 12, the total assets reached 1.49 trillion pounds, making it the seventh largest bank in the world and the second largest bank in the UK after HSBC. Barclays Bank operates in more than 50 countries around the world and has more than 265,438+000 branches in the UK.
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The history of Barclays Bank in Britain
1690, John Frame and Thomas Gould opened the Goldsmith Bank in Lombard Street, London. 1736, James Buckley married the daughter of John Frame and became a partner of the company. Since then, "Barclays" has appeared in the company name.
1896, 20 private banks formed a new joint-stock bank named Barclays Limited, with 182 branches and a deposit of 26 million pounds. 19 18 company became one of the top five banks in Britain through acquisition activities.
From 65438 to 0925, it merged with Colonial Bank, Anglo-Egyptian Bank and National Bank of South Africa to form the international business of Barclays. 198 1 year, Barclays became the first foreign bank to submit an application to the US Securities and Exchange Commission to raise long-term funds in the new york market.
From 65438 to 0986, Barclays became the first British bank to be listed on the Tokyo and new york stock exchanges. In the same year, Barclays began to invest in banking and developed into Barclays Capital.
From 65438 to 0995, Barclays acquired Nikko Investment Consulting Company of Wells Fargo, a rich country engaged in fund management, and merged its business with BZW Investment Management Company to establish Barclays Global Investors.
In July 2005, Barclays bought more than half of the shares of Absa Group Limited. Absa is the largest retail bank in South Africa with more than 7 million customers. At present, Barclays has developed from a British partnership group to a global bank.
Baidu Encyclopedia-Barclays Bank of England