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Sunday, 26 February 2012

Barclays Bank

Barclays Bank traces its origins back to 1690 when John Freame and Thomas Gould started trading as goldsmith bankers in Lombard Street, London. The name "Barclays" became associated with the business in 1736, when James Barclay, son-in-law of John Freame, one of the founders, became a partner in the business.

In 1728, the bank moved to 54 Lombard Street, which was identified by the 'Sign of the Black Spread Eagle', over the years becoming a core part of the bank's identity.

In 1896 20 banks in London and the English province united under the banner of Barclays and Co., a joint-stock bank. The largest of them derived originally from John Freame's goldsmith bank.

In 1917 the name was changed to Barclays Bank Ltd.

In 1959 Barclays became the first British bank to order a computer for its accounting.

The first ever ATM was fitted outside the bank's branch in Enfield, north London on June 27, 1967.

In 1987 Barclays became the first UK bank to issue a debit card.

Source Wikipedia

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