Barclays

Reviewed · Nov 2026

Barclays Investment Bank. Everything below is from the bank's own pages, its regulators or the league table publishers, numbered to the Sources page.

The facts

Barclays states on its Barclays Private Bank pages that it serves clients who can establish an investment portfolio of at least £3 million with Barclays Private Bank in the UK (page read 1 November 2026).⁸
Barclays states that there are currently no charges levied within Private Bank for maintaining the account (page read 1 November 2026).²⁷⁸
Barclays states that its International Banking accounts are available to clients with £100,000 (or currency equivalent) maintained across their accounts (page read 1 November 2026).²⁷⁹
Barclays states in the description of its Barclays Private Bank what-we-offer page that its services are for clients with more than £5 million (page read 1 November 2026).²⁸⁰
Barclays states in the description of its Barclays Private Bank who-we-work-with page that Barclays Private Bank supports wealthy individuals with £5 million or more to invest (page read 1 November 2026).²⁸¹
The FCA, in a Final Notice dated 24 February 2022, imposed a financial penalty of £783,800 on Barclays Bank Plc (Barclays), stating that 'in the oversight and monitoring of its business relationship with Premier FX, Barclays failed to conduct its business with…¹⁰
The FCA, in a Final Notice dated 25 November 2024, imposed a financial penalty of £10,000,000 on Barclays Bank plc (Barclays), stating that 'Barclays Bank failed to take reasonable care to ensure that the information contained in the prospectuses that it publi…¹¹
The FCA, in a Final Notice dated 25 November 2024, imposed a financial penalty of £30,000,000 on Barclays plc (Barclays), stating that 'Barclays plc failed to take reasonable care to ensure that the information contained in the announcements and prospectuses a…²⁸²
The FCA, in a Final Notice dated 14 July 2025, imposed a financial penalty of £3,093,600 on Barclays Bank UK PLC (Barclays), stating that 'Barclays UK has breached Principle 3 of the Authority’s Principles for Businesses and SYSC 6.1.1R by failing to organise …²⁸³
The FCA, in a Final Notice dated 14 July 2025, imposed a financial penalty of £39,314,700 on Barclays Bank Plc (Barclays), stating that 'Barclays failed adequately to identify, assess, monitor and manage the money laundering risks associated with the provision…²⁸⁴
The FCA's firm-level complaints data for 2026 H1 gives a 'Context (Provision)' figure of 2.14 for Barclays (Barclays Bank UK PLC, group BARCLAYS GROUP) in the Banking and credit cards product group between 1 January 2026 and 30 June 2026, which the FCA describes as complaints opened per 1,000 policies, balances, accounts or agreements in force; this is an entity-wide figure that the FCA does not separate for private banking.⁹
Barclays, as a representative of the underwriters alongside Morgan Stanley and Citigroup, shared an underwriting discount of 2.35% of the offer price with the other underwriters on the Cerebras Systems Inc. IPO in May 2026.⁵⁶
Barclays, named on the prospectus cover as Joint Global Co-ordinator, Joint Bookrunner and Underwriter alongside Goldman Sachs and UBS, shared a base underwriting commission of 1.5% of the offer price with the other underwriters on the Shawbrook Group plc IPO in October 2025.⁵⁷
Barclays, financial adviser to Equitrans Midstream Corp on its merger with EQT Corporation, was to receive a fee of $30 million, per the merger proxy filed in June 2024.⁹⁶
Barclays, financial adviser to United States Steel Corporation on its merger with Nippon Steel Corporation, was to receive a fee of $68 million, per the merger proxy filed in March 2024.⁹⁷
LSEG ranked Barclays seventh in its table of global announced M&A for full-year 2025.⁵⁹
LSEG ranked Barclays sixth in its table of global investment banking fees in the Global Investment Banking Review for full-year 2025.⁶⁰

What it publishes

Desk	Item	Published	As read
capital markets	fee schedule	No
capital markets	minimum investable assets	No
capital markets	eligibility criteria	No
capital markets	indicative fee range	No
capital markets	retainer terms	No
m and a	fee schedule	No
m and a	minimum investable assets	No
m and a	eligibility criteria	No
m and a	indicative fee range	No
m and a	retainer terms	No
private banking	fee schedule	Yes	There are currently no charges levied within Private Bank for maintaining the account. Other charges apply for specific services as detailed overleaf.
private banking	minimum investable assets	Yes	We serve clients who can establish an investment portfolio of at least £3 million (or local currency equivalent) with Barclays Private Bank in the UK, or £5 mil
private banking	eligibility criteria	Yes	We serve clients who can establish an investment portfolio of at least £3 million (or local currency equivalent) with Barclays Private Bank in the UK, or £5 mil
private banking	indicative fee range	Yes	We’ll charge you a combined service charge of 0.80% annually on each account on the first £1m of combined balance, and then 0.60% annually on each account on an
private banking	retainer terms	Yes	Ongoing advice service costs 0.60% for the first £1m of your balance 0.40% for any additional amount above £1m This covers the ongoing access to your advisory t

The Secret Banker's view

Barclays states its private bank threshold and then disagrees with itself: £3 million for the UK in the body of the page, £5 million in the descriptions the search engines read. I suspect the machines are being quoted the overseas price. The Private Bank account carries no maintenance charge, and the Wealth Management tier below it publishes a combined charge of 0.80% on the first £1m. The FCA fined Barclays plc £30,000,000 and Barclays Bank plc £10,000,000 in November 2024. Dealogic ranked Barclays first in sterling debt capital markets volume for the first quarter of 2026.

Opinion, based on the facts above. Corrections through the contact page; a credible one gets a sourced fix within a week.

No firm named here has been consulted, and none should feel left out.