Barclays 2010 Annual Report Download - page 4

About Barclays
We are a major global financial services provider engaged in retail
banking, credit cards, corporate and investment banking, and
wealth management with an extensive international presence.
UK Retail Banking – £4,518m total income
UK Retail Banking is a leading UK high street bank providing current
account and savings products and Woolwich branded mortgages. UK
Retail Banking also provides unsecured loans, protection products and
general insurance as well as banking and money transmission services
to small and medium enterprises.
Barclaycard – £4,024m total income
Barclaycard is an international payments business which manages
about £200bn in annual payment value and offers a broad range
of payment solutions to consumer and business customers in
22 countries throughout the world.
Western Europe Retail Banking – £1,164m total income
Western Europe Retail Banking provides retail banking and credit card
services in Spain, Italy, Portugal and France. The business is building
a differentiated proposition providing banking services to retail and
mass affluent customers through a variety of distribution channels.
Barclays Africa – £801m total income
Barclays Africa provides retail, corporate and credit card services across
Africa and the Indian Ocean. It provides tailored banking (including
mobile banking and Sharia-compliant products) to over 2.7m customers
and has a top 3 position in 8 of the 10 countries in which we operate.
Absa – £2,899m total income
Absa provides a full range of retail banking services and insurance
products through a variety of distribution channels. It also offers
customised business solutions for commercial and large corporate
customers. It is part of one of South Africa’s largest financial
services organisations.
Barclays Capital – £13,600m total income
Barclays Capital is the investment banking division of Barclays. It provides
large corporate, government and institutional clients with a full spectrum of
solutions to meet their strategic advisory, financing and risk management
needs. Barclays Capital has a global presence providing advisory services
and distribution power to meet the needs of issuers and investors worldwide.
Barclays Corporate – £2,974m total income
Barclays Corporate provides integrated banking solutions to large
corporates, financial institutions and multinationals in the UK & Ireland,
Continental Europe and New Markets.
Barclays Wealth – £1,560m total income
Barclays Wealth is the wealth management division of Barclays. It focuses
on private and intermediary clients worldwide, providing international
and private banking, investment management, fiduciary services and
brokerage. It has offices in Europe, North America, Asia and Africa.
Investment Management – £78m total income
Investment Management manages the Group’s 19.9% economic interest
in BlackRock, Inc. and the residual elements relating to Barclays Global
Investors, which was sold on 1st December 2009.
Head Office and Other Operations – £178m total loss
Head Office Functions and Other Operations comprise head office and central
support functions, businesses in transition and consolidation adjustments.
Barclays Corporate
£2,974m
Head Office and Other Operations (£178m)
UK Retail Banking
£4,518m
Barclaycard
£4,024m
Western Europe
Retail Banking £1,164m
Barclays Africa
£801m
Barclays Wealth
£1,560m
Absa
£2,899m
Barclays Capital
£13,600m
Investment Management £78m
Americas
£7,742m
UK
£12,807m
Europe
£4,735m
Asia
£1,459m
Africa
£4,697m
By geographic segment
By business segment
Group total income
£31,440m
02 Barclays PLC Annual Report 2010 www.barclays.com/annualreport10