Barclays PLC engages in the provision of financial services in Europe, the United States, Africa, and Asia. It offers retail and commercial banking, credit cards, investment banking, wealth management, and investment management services. The company provides current accounts, deposit accounts, savings accounts, retail mortgages, installment finance, commercial lending, unsecured lending and protection products, and mortgage and general insurance, as well as investment advice, money transmission, and asset financing and leasing solutions. It also involves in credit card and consumer lending business, which includes processing of card payments for retailers and merchants, and issuing of credit and charge cards to corporate customers and the United Kingdom government. In addition, the company offers treasury and investment services; bancassurance products; and specialist services, such as Sharia-compliant products and mobile banking, as well as provides financing and risk management solutions, primarily in the areas of strategic advisory and mergers and acquisitions; equity and fixed income capital raising and corporate lending; and risk management across foreign exchange, interest rates, and equities and commodities for institutional and government clients. Further, it provides investment management products and services, including hedge funds, securities lending, cash management, and portfolio transition, as well as offers asset management, stockbroking, offshore banking, wealth structuring, and financial planning services. The company was formerly known as Barclays Bank Limited and changed its name to Barclays PLC in 1985. Barclays PLC was founded in 1896 and is headquartered in London, the United Kingdom.