October 26, 2023 BY Elizabeth Anderson
Barclays possibly laying off dozens of US consumer banking employees
In a Tuesday report, the bank confirmed profit losses as it announced renewed cost-cutting initiatives. Barclays did not rule out job cuts as part of this drive to boost its profits. Regarding the company’s Q3 performance, the Group’s chief executive officer (CEO), CS Venkatakrishnan, said: We delivered an 11.0% RoTE in Q3, against a mixed…
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