LONDON - Profit at Barclays fell 10 percent in the first quarter as its under-pressure investment bank struggled with tough markets, prompting it to signal further cost cuts if these conditions persist.
Barclays said on Thursday returns in the investment banking business fell to 9.5 percent from 13.2 percent a year ago, while its overall profit was 1.54 billion pounds . Barclays said that if the tough market conditions persist, it may have to cut annual costs in 2019 below the 13.6 billion to 13.9 billion pound range it earlier said it expected.
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این خبر را خلاصه کرده ایم تا بتوانید سریع آن را بخوانید. اگر به خبر علاقه مند هستید، می توانید متن کامل را اینجا بخوانید. ادامه مطلب:
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Similar News:همچنین می توانید اخبار مشابهی را که از منابع خبری دیگر جمع آوری کرده ایم، بخوانید.
Barclays’ Investment Bank Struggles as Activist Investor Pressures UnitBarclays reported weak first-quarter earnings in its investment bank, days before shareholders are due to vote on a board appointment for an activist investor who wants to shrink the unit.
منبع: WSJ - 🏆 98. / 63 ادامه مطلب »
Barclays to cut investment bankers' bonuses: FTBarclays Plc is planning to cut bonuses for investment bankers as it steps up it...
منبع: Reuters - 🏆 2. / 97 ادامه مطلب »
Barclays says there will be no job cuts, even as insiders brace for the worst and an activist ratchets up pressure to gut the investment bankSenior Barclays staff have been bracing for staff and bonus reductions following the departure of key investment banking bosses.
منبع: BusinessInsider - 🏆 729. / 51 ادامه مطلب »
Uber CEO's advice for his 22-year-old self: 'Get the hell out of investment banking'Uber CEO's advice for his 22-year-old self: 'Get the hell out of investment banking.' via CNBCMakeIt MakeIt I wouldn’t take his advice seriously. MakeIt 😉 MakeIt
منبع: CNBC - 🏆 12. / 72 ادامه مطلب »
A Champion Investment Bank Is the Wrong Solution for EuropeHeard on the Street: Even if Deutsche Bank and Commerzbank merge, they will still struggle with Europe’s flawed capital markets
منبع: WSJ - 🏆 98. / 63 ادامه مطلب »