Barclays slashed its workforce by around 5,000 jobs in 2023 as part of a major cost-cutting drive announced last year, the bank said Monday.The majority of the cuts fell in Barclays Execution Services, the bank’s support unit, the lender said, confirming for the first time Reuters reporting from last November that the lender was eyeing thousands of cuts in that division.“Barclays removed approximately 5,000 headcount globally through 2023 as part of its ongoing efficiency program designed to simplify and re ...

The Barclays Bank logo on 5th of October 2023 in Ashford, United Kingdom. Barclays Bank is a British ... [+] multinational banking and financial services organisation and major retail and commercial bank in the United Kingdom. (photo by Andrew Aitchison / In pictures via Getty Images)In Pictures via Getty ImagesBarclays’ stock (NYSE: BCS) has gained 1% YTD, as compared to the 2% drop in the S&P500 over the same period. Further, it is currently trading at $8 per share, which is 9% below its fair value of jus ...

In the tumultuous world of finance, it’s crucial to identify bank stocks to avoid. The March banking crisis, marked by the Silicon Valley Bank collapse and the struggles of smaller lenders, has significantly eroded investor confidence. This development is particularly concerning as the banking sector hasn’t reaped the expected benefits of rising interest rates, placing these stocks in a precarious position.Furthermore, Goldman Sachs reports a notable shift among hedge funds from holding to short-selling ban ...

Key PointsOne industry called for a significant chunk of all jobs added to the economy in the last reports, but three stocks take the podium.Backed by analyst projections and a more significant macro trend, these names could be the best potential additions to your growth watchlist.With rising price targets and earnings projections, these names have nowhere to go but up.5 stocks we like better than Royal Caribbean CruisesThe United States economy has pumped out two consecutive quarters of real GDP growth bec ...

NEW YORK--(BUSINESS WIRE)--Barclays today announces the appointment of Ryan Voegeli as Head of Investment Banking for Canada. Mr. Voegeli will be based in Toronto. Mr. Voegeli has twenty years of investment banking experience, and joins Barclays from CIBC Capital Markets where he was Head of Global Diversified Industries Investment Banking. In this role he led a highly successful team spanning Toronto, Montreal, Winnipeg, Vancouver, Chicago and San Francisco. Prior to joining CIBC in 2011, Mr. Voegeli wa ...

Key PointsCall options activity has spiked for these two Buffett stocks, making a clear connection to a more significant trend in the market.Connecting the dots with the newest FED stance can help you understand why these stocks are attractive today.Analysts are quietly raising their price targets and could soon get boosted again.5 stocks we like better than BarclaysThe new year is here, and some are already calling the shots about how 2024 could look. Who dominates? It will likely experience a 'trader' mar ...

财联社1月2日讯（编辑 牛占林）由于对最新款iPhone需求疲软的预期，巴克莱分析师罕见下调了苹果股票评级。周二美股盘前，苹果股价下跌逾2%。 以Tim Long为首的巴克莱分析师将苹果的股票评级下调至低配，目标价从161美元下调至160美元，这意味着该公司未来一年的股价将下跌17%。 在周二发布的一份研报中，巴克莱分析师写道：“在过去一年大部分季度业绩都未达到预期的情况下，苹果股价表现却优于其他公司，我们预计这种情况将发生转变。” 该行分析师还指出，新款iPhone 15表现平平，销量和配置均不及预期，且预计iPhone 16也会如此，没有什么更具吸引力的功能或升级。 去年，苹果股价上涨了约50%，在12月中旬刷新了历史新高，其市值达到了3万亿美元，投资者押注其旗舰设备将能够抵御经济疲软。然而，现在人们开始怀疑，鉴于竞争对手的不断崛起以及苹果令人失望的创新能力，该股是否能够维持其庞大的市值。 根据彭博汇编的数据，巴克莱新的低配评级意味着，苹果目前拥有5个卖出或同级别评级，而买入评级为34个，持有评级为14个。华尔街的普遍预期是苹果在2024年将上涨3.6%。 Accuvest Global Advisors ...

Barclays PLC (NYSE:BCS) Q3 2023 Earnings Conference Call October 24, 2023 4:30 AM ET Company Participants C.S. Venkatakrishnan - Group CEO & Executive Director Anna Cross - Group Finance Director & Executive Director Conference Call Participants Jason Napier - from UBS Operator Welcome to Barclays Q3 2023 Results Analyst and Investor Conference Call. I will now hand over to C.S. Venkatakrishnan, Group Chief Executive, before I hand over to Anna Cross, the Groups Finance Director. C.S. Venkatakrishnan Good m ...

Exhibit 99.1 Barclays PLC This exhibit includes portions from the previously published Results Announcement of Barclays PLC relating to the nine months ended 30 September 2023, as amended in part to comply with the requirements of Regulation G and Item 10(e) of Regulation S-K promulgated by the US Securities and Exchange Commission (SEC), including the reconciliation of certain financial information to comparable measures prepared in accordance with International Financial Reporting Standards (IFRS). The pu ...

Barclays PLC Q2 2023 Results Presentation i ii iii C.S. Venkatakrishnan Anna Cross Appendix: Financials Group CEO Group Finance Director Performance in line with targets Shareholder Distributions & Income Statement Balance Sheet Q223 H123 2.7p £750m Income £6.3bn £13.5bn H123 dividend H123 share buyback ...