Browsing Tag
C.S. Venkatakrishnan
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 surges to 52-week high after Q3 results and £500m buyback surprise
Barclays upgrades 2025 RoTE guidance and announces £500m buyback. Find out why the stock is rising and what investors are watching.