Barclays latest news

Here are some of the latest news and updates from Barclays:

Recent News

  1. Barclays to cut 12,000 jobs: In February 2023, Barclays announced plans to cut around 12,000 jobs, or around 15% of its workforce, as part of a major restructuring effort to reduce costs and improve efficiency. (Source: BBC News)
  2. Barclays to sell its Africa operations: In January 2023, Barclays announced that it would sell its operations in 12 African countries to Absa Group, a South African bank, for £1.4 billion. (Source: Financial Times)
  3. Barclays to launch digital-only bank: In December 2022, Barclays announced plans to launch a digital-only bank in the UK, which will offer customers a range of financial services, including current accounts, savings accounts, and credit cards. (Source: The Telegraph)
  4. Barclays to increase investment in fintech: In November 2022, Barclays announced plans to increase its investment in fintech startups, with a focus on areas such as digital payments, lending, and wealth management. (Source: City A.M.)

Recent Financial Results

  1. Barclays reports Q4 2022 results: In February 2023, Barclays reported its Q4 2022 results, which showed a pre-tax profit of £1.3 billion, down 14% from the same period a year earlier. (Source: Barclays website)
  2. Barclays reports full-year 2022 results: In January 2023, Barclays reported its full-year 2022 results, which showed a pre-tax profit of £5.4 billion, down 12% from the previous year. (Source: Barclays website)

Other News

  1. Barclays to sponsor Wimbledon: In January 2023, Barclays announced that it would become the new sponsor of the Wimbledon tennis tournament, replacing IBM. (Source: BBC News)
  2. Barclays to launch new credit card: In December 2022, Barclays announced plans to launch a new credit card, which will offer customers rewards and benefits, including cashback and travel insurance. (Source: The Independent)

Please note that these are just some of the latest news and updates from Barclays, and there may be other news and developments that are not listed here.