Skip to content
Breaking News

Breaking News

  • Home
  • World
  • Business
  • Health
  • Entertainment
  • Life Style
  • Sports
  • Toggle search form

Barclays working on $1.25 bln cost plan, could cut up to 2,000 jobs  | Reuters News Agency

Posted on November 24, 2023 By Admin No Comments on Barclays working on $1.25 bln cost plan, could cut up to 2,000 jobs  | Reuters News Agency


Human Interest

24 November 2023, 1:52 pm 1 minute

Reuters was first to report that Barclays (BARC.L) 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.  

Market Impact

Barclays’ share price has fallen 26% since Venkat took charge on Nov. 1, 2021, while Deutsche’s shares are little changed and HSBC’s (HSBA.L) have gained 37%. 

Article Tags

Topics of Interest: Human Interest

Type: Reuters Best

Sectors: Business & FinanceFinancial Services

Regions: Europe

Win Types: Speed

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Important Regional Story



Source link

World

Post navigation

Previous Post: PSX reaches new highs, crosses 59,000 milestone in intraday trading – SUCH TV
Next Post: China reports no ‘unusual or novel pathogens’ after WHO seeks data on respiratory illness outbreak

More Related Articles

Texas man shoots, kills 2, allegedly defending himself at ATM: ‘Robbery that didn’t go well for robbers’ World
Wisconsin state agencies, university system failed to track DEI spending, audit reveals World
Suspect who fatally shot California UPS driver 10 times in truck was coworker, childhood friend: DA World
Traders face $1 bln loss on faltering Ghana cocoa supply  | Reuters News Agency World
Russia is banned from the Paris Olympics. Here’s what that means. World
Eric Adams channels Trump as he ramps up revenge accusations against the Biden admin, expert says World

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • Abortion guidelines branded horrifying by grieving mum
  • Woman declared dead by coroner, moved to coffin, turns out to be alive
  • Shohei Ohtani reacts to death of Japanese baseball legend Shigeo Nagashima: ‘May your soul rest in peace’
  • Thames Water nationalisation ‘not the answer’ says minister after rescue bid fails
  • “Family Guy” creator Seth MacFarlane on his other love: Sinatra

Categories

  • Business
  • Entertainment
  • Health
  • Life Style
  • Sports
  • World

Copyright © 2025 Breaking News.

Powered by PressBook Blog WordPress theme