News and Press Releases - Barclays
Read the latest news and press releases from Barclays. For news and press releases related to Barclays US Consumer Bank, please visit the newsroom section of the US site. Consumer card spending increased 1.6 per cent year-on-year in 2024 – …
Exclusive | Barclays fires bankers before Christmas, keeps their ...
Dec 27, 2024 · Barclays is in the middle of a three-year plan to become more efficient. Bloomberg via Getty Images For example, an investment banker might make a $200,000 salary and an expected $1 million bonus ...
Barclays jumps 8.6% after announcing major strategic overhaul
Feb 20, 2024 · Barclays on Tuesday reported a fourth-quarter net loss of £111 million ($139.8 million) as the British lender announced an extensive strategic overhaul. On Tuesday, the bank announced a huge...
Barclays Bankers Are Prepping for a Wave of Dealmaking, IPOs
4 days ago · Barclays Plc’s Stephen Dainton is preparing for a wave of dealmaking this year as more US companies have been buoyed by rising stock prices, giving them more firepower to go out and pursue ...
Barclays boosts profit, ups income outlook as investment bank …
Oct 24, 2024 · Barclays (BCS) reported a forecast-beating 18% rise in third-quarter profit on Thursday, as slower than expected interest rate cuts and upbeat investment banking prospects helped it raise its...
Barclays focuses on Britain, cost cuts, buybacks to win over investors
Feb 20, 2024 · Barclays laid out a three-year plan to revive its flagging share price on Tuesday, including axing 2 billion pounds of costs, returning 10 billion pounds ($12.6 billion) to shareholders and...
Barclays to keep 20% stake in merchant payments arm amid ... - Sky News
Nov 14, 2024 · Sky News has learnt that Barclays and Brookfield, the Canadian asset management giant, are in detailed talks about a deal that would involve the British lender retaining a 20% stake in the division. The discussions are ongoing, and a definitive agreement is not thought to be imminent.
Barclays reveals revival plan to woo investors as profits fall
Feb 20, 2024 · Investors give a positive reaction to the chief executive's strategy update that aims to tackle many barriers identified by top shareholders. Barclays has revealed a revival plan to shore up support among investors that includes cutting costs and risk while bolstering returns.
Exclusive: Barclays working on $1.25 bln cost plan, could cut up to ...
Nov 23, 2023 · Barclays is working on plans to save up to 1 billion pounds ($1.25 billion), which could involve cutting as many as 2,000 jobs, mainly in the British bank's back office, a person with direct...
Barclays chief under pressure to win over sceptics with strategy …
Feb 17, 2024 · Barclays chief executive CS Venkatakrishnan will next week attempt to fulfil a promise his predecessor made to shareholders eight years ago: that a future with the UK bank is a bright one.