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Barclays is reportedly developing a £ 1 billion spending reduction plan or laying off up to 2000 employees
On November 24th, according to sources familiar with the matter, Barclays Bank is developing a spending reduction plan that can save up to £ 1 billion in costs, possibly involving up to 2000 layoffs ... -
Barclays sets a cost reduction target of £ 2 billion and will restructure into five new operating departments
Barclays announced on February 20th that it will achieve a tangible return on equity of 9% in 2023. To achieve its new goal of increasing the return rate to over 12% in the coming years, Barclays has ... -
BlackRock has reportedly agreed to acquire data provider Preqin for £ 2.55 billion
On July 1st, according to insiders, BlackRock has agreed to acquire data provider Preqin for £ 2.55 billion in cash. BlackRock is increasing its investment in alternative assets and is entering the ...