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Barclays (Barclays) Accounts Payable & Accrued Expense for Financial Companies


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Accounts Payable & Accrued Expense for Financial Companies only applies to insurance companies.


Barclays (Barclays) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Barclays PLC (OTCPK:BCLYF) » Definitions » Accounts Payable & Accrued Expense for Financial Companies
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1 Churchill Place, London, GBR, E14 5HP
Barclays is a universal bank headquartered in the United Kingdom. It operates via two principal segments; U.K. (38% of profit before tax) and International (71% of PBT). In its U.K. segment, the bank provides current accounts, mortgages, savings and investment management services, credit cards, and business banking services to retail clients and small and medium-size enterprises. The international segment includes a corporate bank offering banking solutions to large corporates, a bulge-bracket global investment bank, and a credit card and payments business. In 2022, Barclays generated roughly 60% of its income from the U.K. and 25% from the United States.