The External Environment of the UK Banking and Finance - Essay Example

Download file to see previous pages There are numerous methods to expand the profits of a company like Barclays Bank. One method to do that is to save their own money which the company will be using in the future to put up the business development they want. It is risky which is to be anticipated but still, the guarantee of profitability is there.
One of the top ten leading financial investing companies in the world is Barclays Banks and their investors. It is a financial institutional investor company and a large liaison that can be traced back to a self-effacing business founded more than three hundred years ago in the heart of London’s financial region.

It is a UK-based financial services group connected principally in banking, investment banking, and investment organization. In terms of market capitalization Barclays is one of the top ten leading banks in the globe. A primary UK retail and industry bank, it also offers corresponding global services to international corporations and financial institutions globally. It has been engaged in banking for over years and functions in over sixty countries with more than 76,200 employees. On June 30, 2004, the group attained a pre-tax profit of 2,411 million pounds. Investors’ funds were 17.1 billion pounds and the Tier 1 assets relative amount was 7.7 % (Barclays Global Investors, 2004). It is also engrossed in societal educational associations, situations, arts, disability, and social insertion.

Nowadays, Barclays has full-grown from a group of English companies to a global bank symbolized in Europe, the Middle East, the United States of America, Africa, the Caribbean, Latin America, Asia, and Australasia. Barclays Bank is one of the world’s biggest asset managers and a top global provider of investment organization products and services (Barclays Global Investors, 2004).

It provides structured investment methods such as indexing which is regarded as to be submissive and yet is being covenanted with vigorous investors, strategic asset distribution, and risk-controlled active products. It also offers connected investment services such as cash management, securities lending, and portfolio conversion services. ...Download file to see next pages Read More