Barclays Preparing to Cut Hundreds of Jobs in Investment Bank

📆 3/20/2024 2:25 PM
📰 BNNBloomberg

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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.

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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.
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