Barclays Preparing to Cut Hundreds of Jobs in Investment Bank

📆 3/20/2024 2:25 PM
📰 BNNBloomberg

⏱ Reading Time:
26 sec. here
2 min. at publisher
📊 Quality Score:
News: 14%
Publisher: 50%

United States News News

United States United States Latest News,United States United States Headlines

Barclays Plc is preparing to cut several hundred jobs within its investment bank division as the firm embarks on a yearslong efforts to trim costs and boost profits within the unit, according to people familiar with the matter.

Barclays Preparing to Cut Hundreds of Jobs in Investment BankHindenburg Bets Against Data Center Owner Equinix in New ReportBonuses Padded by Cryptic ESG Claims Draw Activist ScrutinyActivist Investor in Gildan Slams Apparel Maker’s Sale ProcessApollo Offers $11 Billion for Paramount Studio, WSJ ReportsWealth Boom Among Ultra-Rich Drives Demand for Municipal Bonds’ Tax ShieldBillionaire Peugeot Dynasty Takes Near $300 Million Signa HitMGM Resorts Explores Sale of Casinos in Ohio and...

6-Mile LegTexas to Release Details of $5 Billion Power-Development FundSunak Expresses Anger With Rebel Tories Over Plots Against HimTrump Publicly Hints at Support for 15-Week Abortion BanTrump Judge Allows Appeal of His Ruling on Fani Willis RomanceUnited Steelworkers Endorse Biden for President in 2024 BoostGhana’s Economy Grows at Fastest Pace in More Than a YearSouth African Minister Plans Sweeping Change to End Water CrisisAstera Soars 46% After $713 Million IPO Snapped Up on AI...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Write Comment

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Barclays Eyes Sovereign Wealth Funds in Investment Banking PushBarclays Plc is seeking to expand its relationships with sovereign wealth funds and private equity giants as it broadens its footprint in advisory and equity underwriting.
Source: BNNBloomberg - 🏆 83. / 50 Read more »