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Barclays (NYSE:BCS) is planning to cut more than 200 roles in its investment bank under CEO C.S. Venkatakrishnan’s plan to ...
Cuts represent about 3 per cent of the investment bank’s headcount. Read more at straitstimes.com. Read more at straitstimes.com.
Barclays Plc is preparing to cut several hundred jobs within its investment bank division as the firm embarks on a yearslong effort to trim costs and boost profits within the unit, according to ...
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Zacks Investment Research on MSNBarclays Plans to Trim IB Workforce by More Than 200 to Reduce CostsBarclays PLC BCS intends to reduce 3% of its workforce in the investment banking (IB) division in the upcoming days. This is part of CEO C.S. Venkatakrishnan’s plan to boost the division’s ...
Barclays Plc is preparing to cut hundreds of jobs as soon as next week as the firm looks to trim costs amid quieter markets. The lender is planning to dismiss about 5% of client-facing staff in ...
Barclays PLC BCS has commenced job cuts across investment banking (IB) and research division, per people familiar with the matter. This move aligns with the company’s £2 billion cost-cutting ...
The bank said the jobs were "removed" as part of its ongoing efficiency programme. The majority jobs affected are within its support arm, Barclays Execution Services, which provides technological ...
Sept 8 (Reuters) - Barclays Plc (BARC.L), opens new tab is planning to cut hundreds of jobs across its trading and investment bank divisions, Bloomberg News reported, opens new tab on Friday ...
A spokesperson for Barclays said there would be “changes” to headcount, as a result of increased automation and fewer “management layers,” but did not put a number on any job cuts.
Barclays PLC will cut 2,100 jobs in its investment banking, fund management and private banking units in response to the global economic downturn, according to a person knowledgeable about the ...
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