Tuesday, July 23, 2019
Research and Analyse an organisation in Business Finance and Law Essay
Research and Analyse an organisation in Business Finance and Law - Essay Example In this context, Barclays Bank operates in 60 countries worldwide with the primary focus on Europe. The institution is among the largest lenders in the world based on the market capitalisation measurements. The core operations of the bank are the investment and retail banking in various parts of the world. However, different forces acting on liberalised economies in most of the European Union nations due to the introduction of Euro and globalisation (Barclays.com, 2015) are influencing investment banking. The Barclays Bank provides services to multinational corporations operating different market models worldwide. The bank plays a great role in the banking sector by financing various government projects in different regions worldwide. Moreover, the bank provides services to individuals and corporations in the emerging economies in Africa, Asia and Europe. The operations of the company comprise of two major business that include the commercial and global retail banking (GRCB) as well as the investment banking and management business (IBIM). The strategy of the organisation aims at enhancing growth by diversification of their profit base. In addition, the organisations approach focuses on benefiting the customers through time and market-based growth. The management strategy of the Bank is its primary driver in the world banking industry (Rao, Rao and Sivaramakrishna, 2008). The strategy of the Barclays Bank is to provide a complete portfolio of services in various countries in the world. In addition, the strategy entails different concepts of providing a wide range of opportunities in order to facilitate growth by enhancing its market share and diversifying its products. Furthermore, the banks strategies encompass three primary concepts that include invest, learn and grow. The success of the bank is also facilitated by the ambition of the group to be one of the major
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