Barclays

High school (ages 12+)
People & Society

Name:

Date:

Step 1 · Read the article

Open the article and read it at the level above. Then answer the questions below in your own words.

https://smallwhale.org/articles/barclays

Write what each word means, using the article.

Do not copy the article. Write two things you learned, the way you would explain them to a friend.

Answers below are taken from the article’s stored facts, so they match what the student read.

1. What is Barclays and why is it special?Barclays is a very old bank that started in 1690 in London and now helps people and businesses all over the world. It has grown from a small goldsmith shop into a big multinational bank.
2. How did Barclays grow from a small shop to a big bank?Barclays joined with other banks, bought more banks like the London, Provincial and South Western Bank in 1918 and the Woolwich in 2000, and kept adding services so it could serve many customers.

Goldsmith Banking: An early form of banking where goldsmiths accepted deposits and issued receipts that functioned as money.
Joint-Stock Bank: A bank owned by shareholders, allowing for greater capital and expansion capabilities.
Primary Dealer: A bank or securities firm authorized to trade directly with a country's central bank in government securities.
Financial Stability Board: An international body that monitors and makes recommendations about the global financial system.