Salz Review - Wall Street Journal
Salz Review - Wall Street Journal
Salz Review - Wall Street Journal
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
201<br />
<strong>Salz</strong> <strong>Review</strong><br />
An Independent <strong>Review</strong> of Barclays’ Business Practices<br />
Appendix E – Barclays Timelines: Overall and Main non-UK<br />
Geographies<br />
Barclays’ Overall Timeline<br />
Corporate Development / M&A<br />
1690 1896<br />
Product innovation Legal action Other<br />
1902 1917 1918<br />
1,500<br />
10,000<br />
John Freame and<br />
Thomas Gould<br />
started trading as<br />
goldsmith bankers<br />
in Lombard <strong>Street</strong>,<br />
London<br />
Company joined 19<br />
private banking<br />
businesses to form<br />
Barclay & Company<br />
Limited<br />
Listed on<br />
the<br />
London<br />
Stock<br />
Exchange<br />
Became<br />
Barclays<br />
Bank<br />
Limited<br />
Became one of UK's<br />
five largest banks<br />
through merger with<br />
London Provincial<br />
and South Western<br />
Bank<br />
1925<br />
1965 1966 1974 1979<br />
14,000<br />
54,000<br />
95,000<br />
115,000<br />
Established first major<br />
presence overseas in<br />
Africa through merger<br />
of Colonial Bank, the<br />
Anglo Egyptian Bank<br />
and the National Bank<br />
of South Africa<br />
Established a<br />
US affiliate,<br />
Barclays Bank<br />
of California,<br />
in San<br />
Francisco<br />
Launched<br />
Barclaycard,<br />
Britain's<br />
first credit<br />
card<br />
First nondomestic<br />
financial<br />
institution to<br />
enter the<br />
Spanish<br />
banking market<br />
Entered the<br />
US consumer<br />
finance market<br />
through the<br />
acquisition of<br />
American<br />
Credit<br />
1986 1986<br />
1987 1987<br />
1989<br />
110,000<br />
113,000<br />
116,000<br />
First UK bank to<br />
have its shares listed<br />
on the New York<br />
Stock Exchange<br />
Created<br />
Barclays de Zoete<br />
Wedd (BZW),<br />
which would later<br />
become Barclays<br />
Capital<br />
Sold National Bank of<br />
Southern Africa After<br />
protests against<br />
involvement in South<br />
Africa and its apartheid<br />
government<br />
Launched<br />
Barclays<br />
Connect,<br />
Britain's<br />
first debit<br />
card<br />
Opened<br />
its first<br />
branch in<br />
India<br />
1991<br />
1991 1992 1992 1993 1993<br />
1994 1995<br />
1995<br />
111,000<br />
105,000<br />
98,000<br />
95,000<br />
92,000<br />
Sir Peter<br />
Middleton<br />
joined BZW<br />
as<br />
Executive<br />
Chairman<br />
Andrew<br />
Buxton<br />
succeeded<br />
John Quinton<br />
as Group<br />
CEO<br />
Andrew<br />
Buxton<br />
became<br />
Chairman<br />
and Group<br />
CEO<br />
Martin<br />
Taylor<br />
succeeded<br />
Andrew<br />
Buxton as<br />
Group CEO<br />
First<br />
financial<br />
institution<br />
to open an<br />
Internet<br />
website<br />
First financial<br />
institution to<br />
introduce a two<br />
day no-charges<br />
buffer for personal<br />
customers who go<br />
overdrawn