Barclays drawing up plans to cuts jobs, reports

Barclays PLC (LSE:BARC) is drawing up plans to cut hundreds of jobs, as it trims costs while embarking on a wider strategy review, according to reports. The British bank could cut as many as 400 jo...

Barclays hires JPMorgan's Oberle to oversee private equity relationships for Americas

Barclays hired Christian Oberle from JPMorgan Chase to oversee its relationships with private equity (PE)firms in the Americas region, Barclays confirmed on Friday.

Barclays cutting hundreds of jobs as Wall Street pain spreads, sources say

Barclays CEO C.S. Venkatakrishnan is separately embarking on a wider strategy review, amid some investor dissatisfaction at the bank's underperformance relative to Wall Street investment banks.

Barclays drawing up plans for hundreds of job cuts - sources

Barclays is drawing up plans to cut hundreds of jobs, two sources familiar with the matter told Reuters, as the bank trims its costs while embarking on a wider strategy review.

Barclays plans hundreds of job cuts in trading, investment bank units - Bloomberg News

Barclays Plc is planning to cut hundreds of jobs across its trading and investment bank divisions, Bloomberg News reported on Friday, citing people familiar with the matter.

Very weak growth in China, but no systemic financial crisis: Barclays

Ajay Rajadhyaksha of Barclays explains why the trouble in China's real estate market will not cause a systemic financial crisis.

PSNY Stock Alert: Barclays Just Issued a Big Warning on Polestar

Shares of Polestar Automotive (NASDAQ: PSNY ) can be found on today's list of biggest decliners. Unfortunately for investors of this beaten-down electric vehicle (EV) company, shares of PSNY stock ...

Barclays (BCS) Upgraded to Buy: Here's Why

Barclays (BCS) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Barclays (BCS) Considers Selling a Stake in UK Payments Unit

Barclays (BCS) is exploring selling a stake in the UK merchants' payment processing unit in a bid to boost its lagging share price.

Exclusive: Barclays explores sale of stake in $2.5 bln UK payments unit –sources

Barclays Plc is exploring the sale of a stake in the unit that processes payments for UK merchants as the British bank seeks a partner to help grow the business, four people familiar with the matte...

Prudential growth plan impresses analysts at Barclays

Prudential chief executive Anil Wadhwani has sold Barclays on his strategy for the future, with the bank saying it is an ambitious, well-rounded and (in its view) achievable growth plan. Upgrading ...

Future's reported B2B sale makes sense, says Barclays

Barclays thinks reports that Future PLC (LSE:FUTR) might be considering selling its B2B assets make sense. The broker was commenting after a report on Sky suggesting Future was looking at disposing...

UBS Q2 Earnings Improve Y/Y on Higher Revenues, CS Buyout

UBS records increased revenues and expenses in the second quarter of 2023.

The Fed will remain hawkish until inflation really does come down, says Barclays' Michael Pond

Michael Pond, Barclays head of global inflation-linked research, joins 'Squawk Box' to discuss the Fed's inflation fight, the impact on markets, and more.

Savers shift toward notice accounts for higher rates

Savers have noticeably begun moving money to notice accounts which offer higher rates, according to banking sector trade body UK Finance. Though a trend emerged of customers dipping into savings po...


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