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Barclays PLC operates as a bank holding company that engages in the business of providing retail banking, credit cards, corporate and investment banking and wealth management services. The company operates through three divisions: Barclays UK, Barclays International and Barclays Execution Services. The Barclays UK division comprises the U.K. retail banking operations, U.K. consumer credit card business, U.K. wealth management business and corporate banking for smaller businesses. The Barclays International division comprises the corporate banking franchise, the investment bank, the U.S. and international cards business and international wealth management. Barclays Execution Services (BX) is the Group-wide service company providing technology, operations and functional services to businesses across the Group. Barclays was founded on 1896 and is headquartered in London, the United Kingdom.