Barclays to Further Cut Jobs in Investment Bank, Sky News Reports
-- Barclays PLC is expected to cut more than 100 jobs in its investment bank this week amid a slowdown in dealmaking and stock market flotations, Sky News reported citing unnamed sources.
-- The British bank layoffs, which won't be focused in a single country or function, would be the second round of cuts after 200 jobs were trimmed in its investment bank on November, according to Sky News.
Full story: https://bit.ly/407TysQ
Write to Michael Susin at michael.susin@wsj.com
(END) Dow Jones Newswires
April 17, 2023 02:01 ET (06:01 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.-
Will Earnings From These 10 AI Stocks Live Up to the Hype?
-
What’s Happening In the Markets This Week
-
What the Next Bitcoin Halving Means for ETF Investors
-
Going Into Earnings, Is Microsoft a Buy, a Sell, or Fairly Valued?
-
Big Banks: High Interest Rates and Sticky Inflation Haven’t Dented Consumer Spending
-
Is the World Deglobalizing?
-
How to Position Your Investment Portfolio Before the 2024 Election
-
Q2 Update: 2024 Outlook for the Stock Market and Economy
-
Regions Financial Earnings: Mixed Quarter, 2024 Outlook Mostly Reiterated
-
Going Into Earnings, Is Amazon Stock a Buy, a Sell, or Fairly Valued?
-
Fifth Third Earnings: Mostly Solid Start to 2024
-
Israel’s Response to Iran’s Strike Confirms Minimal Escalation View; Oil Markets Remain Oversupplied
-
Procter & Gamble Earnings: Muted Sales Growth Doesn’t Reflect a Stained Brand Mix
-
TSMC Earnings: Shares Cheap as Cautious Capital Spending and Industry Outlook Dent Sentiment
-
Netflix Earnings: Incredible Quarter, but Investors Fear Slowdown
-
KeyCorp Earnings: 2024 Net Interest Income Outlook Unchanged; Fees Strong and Expenses Stable