Evaluation of Barclays strategy Essay Example | Topics and Well Written Essays - 1500 words

Evaluation of Barclays strategy - Essay eventWhen we see the Barclays learnings of Wells Fargo Nikko Investment Advisers in 1995, to be integrated with BZW Investment Management to form Barclays worldwide Investors acquisition of Banco Zaragozano in 2003, one of Spains largest private sector banking groups acquisition of Juniper Financial Corporation, a US leading full-service credit card issuer in 2004 acquisition of major stake of Absa Group Limited in 2005, South Africas largest retail bank and acquisition of Gerrard Management Services Limited in 2006, a leading UK private client wealth manager we can say that Barclays has preferred a path of investment in capital purchase of some other pecuniary institutions, as a direct musical rhythm of expanding its global base, as well ass to establish its base more firmly in other countries, and to use the established customer base of other financial institutions for its advantage. This sort of strategy gives the additional directio n ch solelyenges to barclays of managaing an ever expanding customer and market base, not to mention the growing number of cemployees and branches and integrate its acquisitions into its own processes and culture.As off the beaten track(predicate) as its performance measurement goes with reapect to the global drivers and its financial performance, we can see from the company financial data that its strategy of growing has worked well for the company. The time for its new acquisitions to become an effective contributor has been quite an small and has been adequate to(p) to show profits very early. The bank has shown repeated profits aver the blameless time piece of music acquiring new enterorises, which shows that the bank has performed admirably in keeping the acquisitions hampering its profits.As far as the global industry drivers go, the new wave in banking has been the retail banking and the emergence of global players. The banking laws cause become stricter, while some par ts of the financial world, i.e. some big players have started to become monopolies, while all along the time there has been a massive flow of new products for the customers. In all this, banks like barclays have a strategic advantage caused by their huge presence and its modern outlook. It is in a position that it can capture huge amount of new customers and its massive base is able enough to satisfy the growing customers requirements. Also the diversion of barclays into different sectors of financial world, other than typical banking, such as credit, invetsment, insurance etc gives it an edge over its competitiors, while at the same time does not couse in any case much burden on its original operations. Also its base is valuable for establishment in emergent markets. Thus barclays can be assumed to be in a key position to subdue the financial world.Q2 Compare and contrast the intended acquisition of ABN with that of the earlier acquisition of Banco Zaragozano , paying particula r help to the merger rationale and the motives in each case and the likely synergy gains resulting from the integration of ABN. The intended acquisition of ABN is similar in many points with the previous acquisition of Banco Zaragozano, with the key similarities in the dimensions of rationale, motives and gained synergies