Barclays bank cut 5,000 jobs in cost-saving drive
The reduction is much higher than previously reported and a quarter of the cuts will take place in the UK.
The reduction is much higher than previously reported and a quarter of the cuts will take place in the UK.
Are you ready to embark on a journey into the cutting-edge world of innovation and technology? Buckle up, because today we’re diving deep into the realm of breakthrough technologies that are reshaping our world in 2024. From artificial intelligence to biotechnology, these game-changing innovations promise to revolutionize industries, improve lives, and unlock new possibilities for…
A disgraced former Chinese central banker admitting to making a “huge mistake” after being arrested last year on suspicion of bribery. Fan Yifei, 59, was the highest-ranking official at the People’s Bank of China when he was arrested under President Xi Jinping’s campaign to weed out the “flies and ants” in the financial, energy and…
The United Auto Workers union announced Wednesday that its nearly four-week strike against the “Big Three” automakers was expanding to Ford’s truck plant in Kentucky. Roughly 8,700 union members work at the Louisville facility producing the company’s Super Duty trucks as well as the Ford Expedition and Lincoln Navigator SUVs. The walkout Wednesday marks the…
Thousands of service workers in Las Vegas are preparing to go on strike Friday if they can’t settle new contracts with two of the city’s major hotel and casino operators. The Culinary Workers Union said it reached a tentative agreement on a new contract with Caesars Entertainment early Wednesday after 20 hours of bargaining. But…
Goldman Sachs’ exclusive “management committee” of top bankers has become bloated under CEO David Solomon, according to critics – but some insiders are betting it’s about to get even bigger. The Wall Street giant is expected at the end of the month to make major changes to the powerful panel known internally as “MC,” which…
Business & FinanceGovernment 14 December 2023, 5:25 am 1 minute Reuters exclusively reported that Austria is seeking to have Raiffeisen Bank International, the biggest Western bank in Russia, struck off a Ukrainian blacklist in return for signing off fresh European Union sanctions on Russia, said two people familiar with the situation. Market Impact Raiffeisen’s presence…