Browsing Tag
Barclays Investment Bank
2 posts
Barclays to cut 5,000 jobs as AI reshapes costs despite 12% profit growth
Barclays is removing around 5% of its workforce even as quarterly profit rises and another £500 million share buyback begins, showing how artificial intelligence is changing the bank’s definition of an efficient cost base.
Barclays financial results 2024: Profit before tax soars 24% amid strong capital distributions
Barclays PLC reported a significant improvement in its financial results for 2024, achieving a profit before tax of…