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Barclays is shifting away from being the house built by fixed income to focus on equities.
Barclays will offer staff opportunities in other teams and prioritize internal moves over outside hiring, its CEO told employees after the bank announced plans to cut 5% of the workforce this year
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Barclays and London-based hedge fund Fidera are among dozens of creditors seeking to recover money they say they’re owed by collapsed remittance provider Dubai’s United Arab Emirates Exchange Center LLC
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Barclays said it is cutting around 5,000 jobs or 5% of its workforce this year, as it uses technology such as AI to slash fixed costs and improve returns. Lawrence White has more
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Barclays To Axe 5,000 Jobs As Britain's Youth Employment Crisis Deepens
Barclays To Axe 5,000 Jobs As Britain's Youth Employment Crisis Deepens
Barclays' prime brokerage and equity derivatives businesses drove 90% of the firm’s growth in stocks trading, which blasted past analysts’ expectations on Thursday
Barclays is cutting 5,000 jobs as the bank adopts AI to cut costs and drive efficiency.
Charlie Wells explains
Barclays has revealed it is cutting 5,000 jobs - 5% of its workforce - as part of efforts to save costs and drive efficiency through investment in artificial intelligence (AI).
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Barclays says it’s cutting 5,000 jobs as part of an effort to reduce costs, adding that AI is starting to create efficiency
