Barclays first big UK lender to pay out on car finance mis-selling
Barclays becomes the first big UK lender to pay compensation over car finance mis-selling, with offers to tens of thousands and first payments possible before Christmas.
Topic
Barclays
Topic
Barclays
Barclays Cuts 5,000 Jobs as AI Reshapes Its Workforce
Barclays will cut around 5,000 roles, about 5% of its global workforce, by year-end as AI and a three-year cost programme reshape…
Barclays to Cut 5,000 Jobs as AI Drives £1.1bn Savings Plan
Barclays will cut 5,000 jobs, about 5% of its 93,000 staff, as AI-driven cost plans target £1.1bn of savings in 2027 alongside £2…
Barclays Cuts 5,000 Jobs, Cites AI Efficiency as Driver
Barclays is cutting 5,000 jobs, about 5% of its workforce, blaming AI-driven efficiency, as pre-tax profits rise 12% to £2.3 bill…
Barclays Profits Jump as UK Bank Tax Becomes 'Base Case' for Budget
Barclays profits jumped and shareholder payouts rose as markets price a UK bank tax as base case for the 28 October budget, with…
Bank of England reviews Barclays over private credit loan handling
The Bank of England's PRA began reviewing Barclays' handling of private credit loans earlier this year, after an insider raised c…
Barclays says the AI trade's best days may be over — hold anyway
Barclays says the AI trade's best gains may be behind us. The London bank recommends holding big tech stocks into earnings, favor…
Barclays: Quant Funds Now Prop Up Stocks as Oil Holds the Key
Quant funds are the last pillar propping up equities as retail sentiment sours, and Barclays says only lower oil prices can unloc…
Barclays Tells Investors to Stay in Stocks as Yields Rise
Barclays strategists advise staying in equities despite rising yields, favoring U.S. technology, media, telecom and industrial st…