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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...
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.
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...
Barclays has today revealed more details on a major restructuring designed to cut £2bn in costs and return £10bn to shareholders by 2026.
(Bloomberg) -- Barclays Plc said it will go on a major cost-cutting drive, reorganize its reporting structure and return at least £10 billion to shareholders in the coming years, ending months of speculation about the future direction of one of Europe’s largest investment banks. Most Read from BloombergLargest Covid Vaccine Study Yet Finds Links to Health ConditionsCapital One to Buy Discover for $35 Billion in Year's Biggest Deal Amazon Deserves to Be Called Out for Swindling UsersYour 401(k) W