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The name CREST stands for Certificateless Registry for Electronic Share Transfer. [2] CREST allows shareholders and bondholders to hold assets in a dematerialised, i.e. electronic form, rather than holding physical share certificates. CREST also serves a number of other important functions, such as assisting in the payments of dividends to ...
The Woolwich Equitable Building Society demutualised in 1997, giving up its mutual status to become a bank: Woolwich PLC was formed, giving shares to investing and borrowing members of the society, and listing on the London Stock Exchange. [5] In August 2000, Barclays took over Woolwich PLC in a £5.4bn acquisition.
Barclays plc (/ ˈ b ɑːr k l i z /, occasionally /-l eɪ z /) is a British multinational universal bank, headquartered in London, England.Barclays operates as two divisions, Barclays UK and Barclays International, supported by a service company, Barclays Execution Services.
He was the first chief executive of UK Financial Investments, which managed the Government's bank shareholdings. [ 2 ] [ 3 ] Whilst at the Treasury, Kingman was responsible for selling £16bn of Lloyds shares, the first RBS share sale, and the largest-ever UK privatisation (£13bn of mortgage assets).
Absa Bank Kenya Plc, formerly Barclays Bank Kenya Limited, is a commercial bank in Kenya and a subsidiary of South Africa-based Absa Group Limited. [3] It is licensed by the Central Bank of Kenya , the central bank and national banking regulator.
He became chief executive of Barclays four years later, in 1994, remaining there until 1998. He joined the board at retail chain W H Smith in 1999, eventually becoming chief executive before departing in 2003. [2] He was a member of the UK Parliament select Committee for Science and Technology for five years.
Chris Pavlou has been featured in BBC’s foreign exchange documentary Billion Dollar Day [8] The currency trading documentary was created by the British Broadcasting Corporation on June, 4th 1985 and it features Pavlou as Head of Treasury at Barclays Bank in London.
Matthew William Barrett OC (born 20 September 1944) is an Irish-Canadian banker who until 2006 was the Chairman of Barclays Bank. Prior to this, Barrett was Chairman and CEO of the Bank of Montreal where he spent 30 years. [1]