| Barclays PLC (Barclays) is a global financial services provider engaged in retail banking, credit cards, corporate and investment banking and wealth management. The Company operates through branches, offices and subsidiaries in the United Kingdom and overseas. It operates in nine segments: UK Retail Banking, Barclaycard, Western Europe Retail Banking, Barclays Africa, Absa, Barclays Capital, Barclays Corporate, Barclays Wealth and Investment Management. In March 2010, the Company reorganized its activities to form three business groupings: Global Retail Banking (GRB), Corporate and Investment Banking and Wealth Management (CIBWM), and Absa. In April 2011, Carlyle Group sold The Mill to the Company's Barclays Private Equity. On March 1, 2011, Barclays agreed to acquire Egg's UK credit card assets. In October 2011, it sold its retail and commercial banking operations business in Russia, Barclays Bank LLC. |
