
Barclays Cuts More Than 200 Investment Bank Jobs to Reduce Costs
Barclays Plc is preparing to cut more than 200 jobs in its investment bank in the coming days as part of Chief Executive Officer C.S. Venkatakrishnan's plan to boost the profitability of the division.
Staffers in investment banking, global markets and research will likely be affected, according to people familiar with the matter, who asked not to be named discussing personnel. Managing directors will be the most senior roles affected, they added. The reduction represents about 3% of the investment bank's headcount.
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New York Times
24 minutes ago
- New York Times
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Forbes
32 minutes ago
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Manchester City's New Signings Mark New Era In Pep Guardiola's Tenure
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The prototypical modern full-back, who can use his athleticism to burst forward and is comfortable with the ball at his feet, the Algeria international is a versatile player. Aït-Nouri played at left wing-back under Vitor Pereira following the Portuguese's arrival at Wolves in December. Pereira switched between a five-man defense and a 3-4-3 formation, with the 24-year-old operating as an attacking wing-back in both circumstances. The Algeria international played in the same role under Gary O'Neill, Pereira's predecessor, when he was also deployed further forward as a left midfielder. But of the trio of signings, it is arguably Cherki who is the most intriguing. The 21-year-old is coming off a breakout season, with 12 goals and 20 assists in all competitions and made his France debut last week, scoring in the 5-4 defeat against Spain in the Nations League semi-final. 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Entrepreneur
an hour ago
- Entrepreneur
Nvidia CEO Jensen Huang Says AI Lets Anyone Write Code
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