PRESS: Barclays works on plan to cut 2,000 back office jobs - Reuters
(Alliance News) - Barclays PLC is working on restructuring plans that could involve cutting as many as 2,000 jobs to save GBP1 billion, Reuters reported on Thursday.
Read moreFri, 17th Feb 2012 11:41
(Alliance News) - Barclays PLC is working on restructuring plans that could involve cutting as many as 2,000 jobs to save GBP1 billion, Reuters reported on Thursday.
Read more(Sharecast News) - Barclays is reportedly working on plans to save as much as £1bn, which could result in as many as 2,000 job losses, mainly in the bank's back office.
Read more(Alliance News) - Greencore Group PLC on Thursday said it signed a new five-year GBP350 million sustainability-linked revolving credit facility.
Read more(Alliance News) - Europe's 20 largest banks have been accused of a "structural lack of transparency" over their green finance activities.
Read more(Sharecast News) - Barclays has reportedly been exploring a potential acquisition of Tesco's banking operations.
Read more(Alliance News) - The following London-listed shares received analyst recommendations on Friday and Thursday.
Read more(Sharecast News) - More claims against banks and individuals operating in the City linked to the so-called Cum-Ex case are likely. The tax fraud scandal - Europe's largest ever - is estimated to have cost German taxpayers alone almost £10bn. Among the lenders being investigated are Barclays, Bank of America Merrill Lynch, Morgan Stanley, BNP and Nomura, together with law firms and auditors. Last week, the Supreme Court ruled that Danish authorities could pursue an alleged £1.4bn Cum-Ex fraud in London. The decision may open the floodgates to to claims from regulators in other European countries. - Financial Mail on Sunday
Read more(Alliance News) - Stock prices in London opened on the up on Friday, looking set to round off a positive week on the up, though a red-hot US jobs report could keep a lid on gains.
Read more(Alliance News) - Stock prices in London closed mixed on Friday, hurt by share price falls for the banking sector, while investors also digested underwhelming earnings elsewhere and a US inflationary reading.
Read more(Alliance News) - Stock prices in London were up at midday on Friday, as the FTSE 100 was led higher by oil majors, tracking a rise in the Brent price.
Read more(Alliance News) - London's FTSE 100 opened slightly lower on Friday, as banking stocks weighed on the index, with NatWest the worst of the lot after admitting to "serious failings" following a review of the controversial closure of UK politician Nigel Farage's Coutts account.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning:
Read more(Alliance News) - Stock prices in London opened lower on Wednesday, as investors digest the latest company earnings.
Read more(Alliance News) - Lloyds Banking Group PLC on Wednesday maintained its annual net interest margin guidance and reported consensus-topping third-quarter profit, though top-line growth fell just shy of loftier expectations.
Read more(Alliance News) - The FTSE 100 closed in the green on Tuesday following positive private sector data out of the US, despite figures closer to home showing a weaker UK private sector and rising unemployment.
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