(source: home.barclays)
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,...
It’s been nearly a year since seven banking giants helped Elon Musk buy Twitter. Now, those lenders are dealing with the impact of that decision on...
Goldman Sachs is appointing David Kamo as its global head of financial sponsor mergers and acquisitions (M&A). Kamo’s new role will involve leading the bank’s efforts in working...
PNC Financial Group began staff reductions that will decrease its workforce by 4%. The move is expected to reduce the company’s 2024 expenses by $325...
J.P. Morgan Chase says it has marked a milestone with its tokenized collateral network (TCN). The banking giant announced Wednesday (Oct. 10) that the network had...
Barclays analysts reportedly believe that Meta Platforms, with its integration of artificial intelligence (AI) technology into its apps, is well-positioned for growth in the AI industry. The...
Barclays Plc plans to cut hundreds of jobs, following many other financial institutions that have done the same. CEO C.S. Venkatakrishnan told CNBC Monday (Sept. 11) that...
Microsoft-owned gaming platform Xbox is debuting its first co-branded credit card in the U.S. The Barclays-issued Mastercard, announced Monday (Sept. 11), will be available on Sept. 21 exclusively...