Company: BCS
Filing Date: 2025-02-13
Form Type: 20-F
Source: 0000312069-25-000114
Chunk: 535

Company: BARCLAYS PLC
Filing Date: 2025-02-13
Form: 20-F
Chunk 535
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. Income and expenses directly associated with each segment are included in determining business segment performance. Barclays is a British universal bank diversified by business, geography and income type, serving consumer and wholesale customers and clients globally. In addition to its rooting in the UK, Barclays also has a strong presence in the US. As part of the 20 February 2024 Investor Update, Barclays has announced changes to its operating divisions which impacts segmental reporting going forward. 2023 and 2022 financials have been restated to reflect the resegmentation. The Group presents its financial disclosures through the following segments (plus Head Office): ▪ Barclays UK: this segment broadly represents businesses that sit within the UK ring-fenced bank entity, Barclays Bank UK PLC, and comprises Personal Banking, Business Banking and Barclaycard Consumer UK. ▪ Barclays UK Corporate Bank: th is division brings together lending, trade and working capital, liquidity, payments and FX solutions for UK corporate clients with an annual turnover from £ 6.5 million and higher, excluding those clients that form part of the FTSE 350, which are included within the IB. ▪ Barclays Private Bank and Wealth Management: this division serves UK and international private banking clients providing a range of investment, banking and lending products alongside expert advice. It also serves UK wealth management and UK digital investing clients offering a range of financial services. ▪ Barclays Investment Bank: this segment incorporates the Global Markets, Investment Banking and International Corporate Banking businesses, serving FTSE 350, multinationals and financial institution clients that are regular users of Investment Bank services. ▪ Barclays US Consumer Bank: is a co-branded credit card issuer and financial services partner in the United States for travel, entertainment, retail and affinity institutions. It offers co-branded, small business and private label credit cards, instalment loans, online savings accounts and certificates of deposits. • Head Office: comprises central support, central treasury operations, Barclays Execution Services assets and legacy businesses. In addition to these elements, as part of the resegmentation announced at the FY23 Investor Update on 20 February 2024, Head Office now also includes the German consumer finance business, which is currently accounted for as held for sale, and the merchant acquiring component of the Payments business .

| Analysis of results by business                    |             |                          |                                        |                        |                         |             |               |
|                                                    | Barclays UK | Barclays UKCorporateBank | BarclaysPrivate Bank &WealthManagement | BarclaysInvestmentBank | Barclays USConsumerBank | Head Office |