Tag: $Barclays

Barclays cutting around 450 staff, UK trade union says

A British union that represents workers at Barclays  said on Tuesday that the bank was cutting around 450 staff, as the lender cuts costs as it weighs a wider strategy overhaul.

Barclays shares sink 5% as the bank expects to earn less interest in the U.K.

Barclays said Thursday that it expects to earn less interest in its U.K. division, as analysts flagged the bank’s “modestly disappointing” set of results.