Barclays Wealth and Investment Management is a wealth manager providing private banking, investment management, brokerage and fiduciary services to private clients and financial intermediaries all over the world. Barclays provides Wealth and Investment Management across 20 offices to clients in 50 countries and has client assets of £202.8 billion (as of 30 June 2013).
In May 2013, Peter Horrell was named interim Chief Executive of the Wealth and Investment Management division of Barclays reporting to Antony Jenkins, Barclays Group Chief Executive. Horrell was permanently appointed Chief Executive in September 2013. Akshaya Bhargava is the current Chief Executive appointed on October 13, 2014.
The Wealth and Investment Management division is part of the Barclays Group, a financial services provider engaged in retail and commercial banking, credit cards, investment banking, wealth management and investment management services with a presence in Europe, the USA, Africa and Asia.
Barclays Wealth has an active community investment programme in many of the jurisdictions in which it operates, with a particular focus on providing grants to charities helping disadvantaged people work towards financial independence and security.
The firm also has a policy of encouraging employees in their personal charitable giving and fundraising efforts. Staff are able to volunteer in work time and Barclays Wealth will match any monies raised through a staff member's individual fundraising efforts.