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BCS Forex Nyheter
Barclays Posts Q4 Loss, Plans GBP 2 Bln Cost Actions, To Return GBP 10 Bln; Stock Up
Shares of Barclays Plc were gaining more than 6 percent on London stock exchange as well as around 8 percent in pre-market activity on the NYSE after the British lender announced a new 2 billion pounds, three-year cost efficiency savings plan, as well as its plan to return 10 billion pounds of capital to shareholders. Meanwhile, the company reported sharply lower pre-tax profit in its fourth quart
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Barclays Plans To Cut $1.25 Bln Costs, Up To 2,000 Jobs
British banking major Barclays Plc. is planning to cut costs by as much as 1 billion pounds or $1.25 billion over several years through various measures including up to 2,000 job cuts, Reuters reported citing people with knowledge of the matter. The planned job cuts mainly would be in the British bank's back office. The proposed move likely reflects the bank's aim to bolster its profitability.
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UK's FCA To Fine Barclays Ex-CEO James Staley GBP 1.8 Mln Over Jeffrey Epstein Scandal
The Financial Conduct Authority or FCA, on Thursday has decided to fine former CEO of Barclays plc (BCS, BARC.L), James Staley, 1.8 million British pounds and ban him from holding a senior management or significant influence function in the financial services industry.
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Barclays Stock Down On Weak Q4, FY22 Profits
Shares of Barclays Plc were losing around 9 percent in the early morning trading in London as well as in pre-market activity on the NYSE after the British banking major reported Wednesday lower profit in its fourth quarter and fiscal 2022 on charges. However, income and net interest income improved as weakness in Corporate and Investment Bank segment was offset by strong growth in Consumer, Cards.
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