(source: home.barclays)
Metro Bank has appointed Barclays veteran Marc Page as chief financial officer. Page will join the U.K. bank and its board Sept. 2, subject to regulatory approval, Metro Bank said...
Barclays has entered into an agreement to acquire Tesco’s retail banking business, including its credit cards, unsecured personal loans, deposits and operating infrastructure. The acquisition...
Lloyds Bank is reportedly eliminating 1,600 jobs amid an increased focus on digital banking. The British lender also plans to create 830 new jobs for its “relationship growth” team...
Investment banks are reportedly trying to win back leveraged finance deals from the private credit space. Banks such as Goldman Sachs, Citi and Barclays are among the banks in talks...
On-demand pay company DailyPay has secured $175 million in funding, resulting in a 75% increase in the company’s valuation to $1.75 billion. This funding includes...
Barclays reportedly laid off about 5,000 workers in 2023 as part of a cost-cutting campaign. A spokesperson for the British bank told Reuters Monday (Jan. 8)...
Analysts at Barclays are forecasting continued weak demand for Apple’s iPhone. That forecast, and the downgrade that came with it, caused Apple’s stock to drop 3.6% Tuesday (Jan. 2),...
Barclays is reportedly considering the acquisition of Tesco’s banking operations. Tesco, a British food retailer, has invited potential buyers to submit non-binding offers for Tesco Bank as...
Barclays is shrinking its U.S. consumer banking division as it looks to lower costs. “We recently streamlined and simplified our U.S. Consumer Bank operating model,...