Salz Review - Wall Street Journal
Salz Review - Wall Street Journal
Salz Review - Wall Street Journal
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231<br />
<strong>Salz</strong> <strong>Review</strong><br />
An Independent <strong>Review</strong> of Barclays’ Business Practices<br />
Appendix L – Glossary<br />
Term<br />
ABI<br />
Absa<br />
Africa RBB<br />
Authorised<br />
Investment Funds<br />
Barclays<br />
Barclays Capital<br />
Basel Committee<br />
Basel I, Basel II<br />
and Basel III<br />
BBA<br />
BGI<br />
Definition<br />
Association of British Insurers<br />
Barclays’ South African business, majority owned by Barclays<br />
Barclays’ Africa Retail and Business Banking, which includes the<br />
operations previously reported as Barclays Africa and Absa<br />
Collective investment schemes authorised and regulated by the FSA 317<br />
Barclays PLC, including its wholly owned subsidiary, Barclays Bank PLC,<br />
and its subsidiaries<br />
Former name of Barclays’ investment bank<br />
Basel Committee on Banking Supervision<br />
Comprehensive sets of reform measures, developed by the Basel<br />
Committee on Banking Supervision, to strengthen the regulation,<br />
supervision and risk management of the banking sector 318<br />
British Bankers’ Association (UK)<br />
Barclays Global Investors, Barclays’ former institutional asset<br />
management business<br />
Big Bang Deregulation of the UK financial markets on 27 October 1986<br />
Board<br />
committees<br />
Businesses,<br />
business units or<br />
clusters<br />
BZW<br />
Collectively, Barclays’ Board Audit Committee; Board Conduct,<br />
Reputation and Operational Risk Committee; Board Corporate<br />
Governance and Nominations Committee; Board Remuneration<br />
Committee; Board Financial Risk Committee; and Board Enterprise<br />
Wide Risk Committee 319<br />
Currently Barclays’ UK Retail and Business Banking (UK RBB),<br />
European Retail and Business Banking (Europe RBB), Africa Retail and<br />
Business Banking (Africa RBB), Barclaycard, Corporate Banking,<br />
Investment Bank and Wealth and Investment Management. These varied<br />
over time, as shown in Exhibit 2<br />
Barclays de Zoete Wedd, Barclays’ former investment banking business,<br />
substantially divested in 1998 except for the fixed income business which<br />
together became Barclays Capital<br />
317 www.hmrc.gov.uk/manuals/ctmanual/CTM48115.htm.<br />
318 www.bis.org/publ/bcbsca.htm.<br />
319 http://group.barclays.com/about-barclays/about-us/the-board-committees