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One Churchill Place is a 156 m tall skyscraper with 32 floors, serving as the headquarters of Barclays Bank. It is in the Docklands area of London Borough of Tower Hamlets in Canary Wharf. The building is the 13th-tallest office block in the United Kingdom and the sixth tallest building in the Docklands.
During 1985 Barclays Bank and Barclays Bank International merged, [34] and as part of the corporate reorganisation the former Barclays Bank plc became a group holding company, [21] renamed Barclays Group Plc, [34] and UK retail banking was integrated under the former BBI, and renamed Barclays Bank PLC from Barclays Bank Limited. [21]
The Barclays Bank building is a four-storey locally listed building overlooking the historic crossroads in the town centre of Sutton in the south London Borough of Sutton. It was built in 1894, originally as the London and Provincial Bank. [1] [2] [3] [4]
Bank Headquarters Market cap [4]Total AUM [5]Global rank by total AUM As of 23 November 2024 Barclays: London, England 55.08 2,049.77 13th HSBC Holdings
In 1918, the London and Provincial became Barclays Bank. [1] The interior of the bank has been much changed during its existence with a redesign by Alfred Foster in 1919 at a cost of £4,055 (equivalent to £235,379 in 2023) and other changes including the loss of the original double-height banking hall that has been reduced to one storey. [1]
In March 2018, Barclays Africa announced the group's name would revert to Absa Group Limited, effective 30 May 2018. [35] The company underwent rebranding in 2018, inclusive of a new logo and slogans. [36] Absa opened an international office in London in September 2018, [8] then in 2019, opened another international office in New York City. [9]
In 1925 it was bought by Barclays, becoming Barclays Bank Dominion, Colonial and Overseas which it remained until the early 1970s. In 1971, Barclays incorporated the bank locally in Nigeria as Barclays Bank of Nigeria plc and sold a significant shareholding to the Federal Government and the Nigerian public.
Until the 1980s, most UK-based banks had their head offices in Lombard Street and historically it has been the London home for money lenders. No. 54 was the long-standing headquarters of Barclays before the financial institution moved in 2005 to One Churchill Place at Canary Wharf .