C.S.Venkatakrishnan News
24.11 / 13:52
14.03 / 11:41
markets
COST
UPS
Trade
prevention
Morning Coffee: Barclays is depending upon two men in New York to prevent £1.7bn of cost cuts. Evercore, like Goldman Sachs but better
Cathal Deasy, who's Irish by birth, may have an accent thatcan be a bit difficult to understand for Barclays bankers in New York, but they'll need to get used to lip-reading. The words of Deasy, and of Taylor Wright, his fellow co-head of investment banking at Barclays, are critical to Barclays' immediate future.
09.02 / 20:09
markets
UPS
Target
Pool
performer
information
No bonus for weakest performers at global investment bank
Barclays Plc is planning to hand dozens of the lowest performers within its investment bank no bonus at all, a move that threatens to complicate executives’ efforts to rebuild the advisory unit.
23.11 / 18:23
Target
Reuters
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Strategy
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reports
Barclays working on cost plan, could cut up to 2000 jobs
Barclays is working on plans to save as much as £1 billion ($1.9 billion), which could involve cutting as many as 2000 jobs, mainly in the British bank’s back office, a person with direct knowledge of the proposals told Reuters.
24.10 / 08:09
04.10 / 10:37
Progressive
COP
economy
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country
gatherings
Bankers, investors plan return to COP climate conference
The world’s top bankers and investors mostly stayed away from last year’s United Nations climate conference in the Egyptian resort town of Sharm El-Sheikh. But holding December’s COP28 meeting in Dubai, one of the world’s major financial centers, pretty much guarantees they’ll make a much bigger showing.
27.04 / 06:23
28.11 / 12:55
Barclays chief C.S. Venkatakrishnan diagnosed with non-Hodgkin lymphoma
Barclays chief executive C.S. Venkatakrishnan has been diagnosed with cancer. He will continue to run the bank while undergoing treatment.
23.02 / 10:35
CEO
Barclays full-year net profit quadruples as corporate and investment bank booms
LONDON — Barclays on Wednesday reported a full-year net profit of £6.38 billion ($8.67 billion) for 2021, ahead of analyst expectations of £5.75 billion, as its corporate and investment banking division boomed.
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