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Aims And Objectives Of Barclays

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Strategic Aims and Objectives

Barclays envisions itself as a leading transatlantic bank. It aims to generate sustainable value for its shareholders by emerging as one of the biggest consumer, corporate and investment banks catering some 24 million customers in the Personal, Wealth and Business Banking domains. Barclays aims to achieve this through its two business divisions namely Barclays UK and Barclays International. Following are some key strategic aims and objectives of the Group.

1. The main divisions of the Group must be structured in ways consistent with ring-fencing regulatory requirements of the UK.
2. Deconsolidate Barclays Africa Group Limited (BAGL) by selling the long-held 62.3% stake.
3. Simplification of Barclays core business and running down of its non-core operations which pose great risks on the Group’s profitability
4. Closure of Non-Core businesses affecting business profits. An example of this is …show more content…

The operational hazard profile and control condition is surveyed by business administration through particular gatherings which cover administration, hazard and control. Organizations are required to report their operational dangers on both a consistent and an occasion driven premise. Key indicators (KIs) allows Barclay to monitor its operational risk profile and let management know when risk levels go beyond acceptable ranges and make timely decision. The Group recognizes and assesses all risks within every business and evaluates the key controls to mitigate those risks. These risk assessments are checked regularly for assurance of businesses understanding the risks they

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