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Barclays Wealth
Barclays Wealth Management is the wealth management division of United Kingdom based Barclays bank. In 2013 the division was restructured to work more closely with retail and corporate banking divisions. It serves affluent and high net worth clients through offices across the UK, offering personalised banking, credit, investment management and wealth planning services. , reported client assets were £202.8 billion. History In May 2013, Peter Horrell was named interim chief executive of the Wealth and Investment Management division of Barclays reporting to Antony Jenkins, Barclays group chief executive. Horrell was permanently appointed chief executive in September 2013. Akshaya Bhargava succeeded him as chief executive on 13 October 2014. Dena Brumpton joined in September 2015 as new chief executive of Barclays Wealth Management. In December 2016, she was appointed CEO of the newly formed Wealth & Investments business, which incorporated the UK Savings business in March ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Division (business)
A division, sometimes called a business sector or business unit (segment), is one of the parts into which a business, organization or company is divided. Overview Divisions are distinct parts of a business. If these divisions are all part of the same company, then that company is legally responsible for all of the obligations and debts of the divisions. In the banking industry, an example would be East West Bancorp and its primary subsidiary, East West Bank. Legal responsibility Subsidiaries are separate, distinct Commercial law, legal entities for the purposes of taxation, regulation and Legal liability, liability. For this reason, they differ from divisions, which are businesses fully integrated within the main company, and not legally or otherwise distinct from it. The ''Houston Chronicle'' highlighted that the creation of a division "is substantially easier than developing subsidiaries. Because a division is an internal segment of a company, not an entirely separate enti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
High-net-worth Individual
In the financial services industry, a high-net-worth individual (HNWI) is a person who maintains liquid assets at or above a certain threshold. Typically the criterion is that the person's financial assets (excluding their primary residence) are valued over US$1million. A secondary level, a very-high-net-worth individual (VHNWI), is someone with a net worth of at least US$5million. The terminal level, an ultra-high-net-worth individual (UHNWI), holds US$30million in investible assets ( adjusted for inflation). Individuals with a net worth of over US$1billion are considered to occupy a special bracket of the UHNWI. These thresholds are broadly used in studies of wealth inequality, government regulation, investment suitability requirements, marketing, financing standards, and general corporate strategy. , it was estimated that there are just over 16million HNWIs in the world, according to the World's Wealthiest Cities Report 2025 by Henley & Partners. The United States had the h ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Investment Management Companies Of The United Kingdom
Investment is traditionally defined as the "commitment of resources into something expected to gain value over time". If an investment involves money, then it can be defined as a "commitment of money to receive more money later". From a broader viewpoint, an investment can be defined as "to tailor the pattern of expenditure and receipt of resources to optimise the desirable patterns of these flows". When expenditures and receipts are defined in terms of money, then the net monetary receipt in a time period is termed cash flow, while money received in a series of several time periods is termed cash flow stream. In finance, the purpose of investing is to generate a Return (finance), return on the invested asset. The return may consist of a capital gain (profit) or loss, realised if the investment is sold, unrealised capital appreciation (or depreciation) if yet unsold. It may also consist of periodic income such as dividends, interest, or rental income. The return may also inclu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Major League Baseball
Major League Baseball (MLB) is a professional baseball league composed of 30 teams, divided equally between the National League (baseball), National League (NL) and the American League (AL), with 29 in the United States and 1 in Canada. MLB is one of the major professional sports leagues in the United States and Canada and is considered the premier professional baseball league in the world. Each team plays 162 games per season, with Opening Day traditionally held during the first week of April. Six teams in each league then advance to a four-round Major League Baseball postseason, postseason tournament in October, culminating in the World Series, a best-of-seven championship series between the two league champions first played in 1903. MLB is headquartered in Midtown Manhattan. Formed in 1876 and 1901, respectively, the NL and AL cemented their cooperation with the National Agreement in 1903, making MLB the oldest major professional sports league in the world. They remained le ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mark Gilbert
Mark David Gilbert (born August 22, 1956) is an American former outfielder in Major League Baseball who served as the United States Ambassador to New Zealand and Samoa from 2015 to 2017. Gilbert played for the Chicago White Sox in 1985."Mark Gilbert Statistics and History" ''baseball-reference.com''. Retrieved February 8, 2011. Subsequently, he had a career as an . In 2013, United States President nominated Gilbert to be United States Ambassador to New Zealand and Samoa. The |
Financial Independence
Financial independence is a state where an individual or household has accumulated sufficient financial resources to cover its living expenses without having to depend on active employment or work to earn money in order to maintain its current lifestyle. These financial resources can be in the form of investment or personal use assets, passive income, income generated from side jobs, inheritance, pension and retirement income sources, and varied other sources. The concept of financial independence goes beyond just having enough money or wealth. Achieving financial independence gives freedom to make the best use of time to pursue life's goals and dreams, or help the citizens of the community to lead a life with purpose. It is a state where one has come to terms with the fact of having accumulated enough, has been freed from the shackles of debt and the tendency to make poor financial decisions, and has transformed their relationship with money to make healthy financial choices. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Grant (money)
A grant is a funding, fund given by a person or organization, often a Government, public body, charitable foundation, a specialised grant-making institution, or in some cases a business with a corporate social responsibility mission, to an individual or another entity, usually, a non-profit organisation, sometimes a business or a local government body, for a specific purpose linked to public benefit. Unlike loans, grants are not intended to be paid back. Examples include student grants, research grants, the Sovereign Grant Act 2011, Sovereign Grant paid by the UK HM Treasury, Treasury to the Monarchy of the United Kingdom, monarch, and some European Regional Development Fund payments in the European Union. European Union European Union grants The European Commission provides financing through numerous specific calls for project proposals. These may be within Framework Programmes for Research and Technological Development, Framework Programmes.Many seven-year programmes are per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Antony Jenkins
Antony Peter Jenkins (born 11 July 1961) is a British business executive. Since 2016 he has been the chief executive officer of 10x Future Technologies, which he founded. He was the group chief executive of Barclays from 30 August 2012 until his dismissal on 8 July 2015. Early life and education Jenkins was born in Blackburn, grew up in Stoke-on-Trent, and was educated at Malbank School and Sixth Form College. He studied Philosophy, Politics and Economics (PPE) at the University of Oxford, and was an undergraduate student at University College, Oxford graduating in 1982. He continued his studies in the Cranfield School of Management at Cranfield University gaining a Master of Business Administration (MBA) degree in 1988. Career Jenkins began his career in finance at Barclays as a graduate in 1983, but subsequently moved to Citigroup where he was promoted to lead the company's branded credit card business. In 2006, he returned to Barclays to take over the company's Barclaycard ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Barclays Bank
Barclays PLC (, occasionally ) is a British multinational universal bank, headquartered in London, England. Barclays operates as two divisions, Barclays UK and Barclays International, supported by a service company, Barclays Execution Services. Barclays traces its origins to the goldsmith banking business established in the City of London in 1690. James Barclay became a partner in the business in 1736. In 1896, twelve banks in London and the English provinces, including Goslings Bank, Backhouse's Bank and Gurney, Peckover and Company, united as a joint-stock bank under the name Barclays and Co. Over the following decades, Barclays expanded to become a nationwide bank. In 1967, Barclays deployed the world's first cash dispenser. Barclays has made numerous corporate acquisitions, including of London, Provincial and South Western Bank in 1918, British Linen Bank in 1919, Mercantile Credit in 1975, the Woolwich in 2000 and the North American operations of Lehman Brothers in 2 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wealth Management
Wealth management (WM) or wealth management advisory (WMA) is an investment advisory service that provides financial management and wealth advisory services to a wide array of clients ranging from affluent to high-net-worth (HNW) and ultra-high-net-worth (UHNW) individuals and families. It is a discipline which incorporates structuring and planning wealth to assist in growing, preserving, and protecting wealth, whilst passing it onto the family in a tax-efficient manner and in accordance with their wishes. Wealth management brings together tax planning, wealth protection, estate planning, succession planning, and family governance. Private wealth management Private wealth management is sought by high-net-worth investors. Generally, this includes advice on the use of various estate planning vehicles, business-succession or stock-option planning, and the occasional use of hedging derivatives for large blocks of stock. Traditionally, the wealthiest retail clients of investment ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Northwestern Europe, off the coast of European mainland, the continental mainland. It comprises England, Scotland, Wales and Northern Ireland. The UK includes the island of Great Britain, the north-eastern part of the island of Ireland, and most of List of islands of the United Kingdom, the smaller islands within the British Isles, covering . Northern Ireland shares Republic of Ireland–United Kingdom border, a land border with the Republic of Ireland; otherwise, the UK is surrounded by the Atlantic Ocean, the North Sea, the English Channel, the Celtic Sea and the Irish Sea. It maintains sovereignty over the British Overseas Territories, which are located across various oceans and seas globally. The UK had an estimated population of over 68.2 million people in 2023. The capital and largest city of both England and the UK is London. The cities o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Barclays
Barclays PLC (, occasionally ) is a British multinational universal bank, headquartered in London, England. Barclays operates as two divisions, Barclays UK and Barclays International, supported by a service company, Barclays Execution Services. Barclays traces its origins to the goldsmith banking business established in the City of London in 1690. James Barclay became a partner in the business in 1736. In 1896, twelve banks in London and the English provinces, including Goslings Bank, Backhouse's Bank and Gurney, Peckover and Company, united as a joint-stock bank under the name Barclays and Co. Over the following decades, Barclays expanded to become a nationwide bank. In 1967, Barclays deployed the world's first cash dispenser. Barclays has made numerous corporate acquisitions, including of London, Provincial and South Western Bank in 1918, British Linen Bank in 1919, Mercantile Credit in 1975, the Woolwich in 2000 and the North American operations of Lehman Brothers i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
