Nationwide stops lending on some flood-risk properties
<strong>Banks may follow suit after UK weather-related claims on home insurance reach new high</strong>
Source: theguardian.com
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Barclays eyes GBP2 billion cost cuts and promises returns
Barclays PLC on Tuesday announced an efficiency drive, a new divisional reporting line-up and a plan to return GBP10 billion to shareholders over the next three years. Shares were 6.6% higher at...
Source: marketscreener.com
Barclays aims to cut costs by £2 billion in bid to boost returns
The British bank, which is mainly known for its global investment banking and markets franchise, achieved a return on tangible equity of 9% for 2023, according to a statement on Tuesday.
Source: moneycontrol.com
Barclays lays out strategy revamp in bid to revive fortunes
Barclays laid out plans and revised targets in an attempt to boost its appeal to investors on Tuesday. Here is a summary of the Barclays strategy. REVISED...
Source: marketscreener.com
Barclays chief CS Venkat: 'We are creating a simpler, better bank'
Barclays has today revealed more details on a major restructuring designed to cut £2bn in costs and return £10bn to shareholders by 2026.
Source: cityam.com