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Barclays on Thursday said it will provide a group strategy update next month amid reports of further job cuts as part of the lender's restructuring. The UK lender will address institutional investors and analysts in London on May 8th. The bank's session, hosted by Chief Executive Officer Antony J
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LONDON, April 17 (Reuters) - Barclays announced a number of promotions in its investment bank's management on Friday, while it continues with a review of the division that contributes about half of the group's total profits. The British lender said in a statement that it had appointed Eric
Read more- Ukraine turmoil continues as clashes turn deadly - Investors cautious ahead of four-day weekend - US corporate earnings in focus - Diageo, Remy Cointreau dampen sentiment in beverage sector techMARK 2,660.88 +0.35% FTSE 100 6,581.75 -0.04% FTSE 250 15,833.37 +0.56% UK stocks were broadly flat on
Read moreBarclays Chief Executive Antony Jenkins has warned of thousands of further job cuts as part of a company shake-up. In a memo to staff obtained by Sky News, Jenkins said a review to be announced on May 8th would lay out the future of Barclays, including which of its businesses it will focus on and h
Read more* ROE in 2013 was 6.6 percent across top European quoted banks * Bank ROE level about 40 pct of wider market returns * Cost/income ratios better, but hit by loan provisions, fines * Rising capital requirements dilutes returns * Gap between high-return Nordics and others na
Read more(Repeats story first published on April 16, text unchanged) * "Traderspeak" incomprehensible to most people * Firms developing software to detect dubious activity * Programme can scan billions of communications By Jamie McGeever LONDON, April 16 (Reuters) - "What's y
Read more* "Traderspeak" incomprehensible to most people * Firms developing software to detect dubious activity * Programme can scan billions of communications By Jamie McGeever LONDON, April 16 (Reuters) - "What's your interest in Bill and Ben in the pick?" While most people
Read more(Adds Deutsche Bank, Banca Popolare dell'Emilia Romagna) April 15 (Reuters) - The following financial services industry appointments were announced on Tuesday. To inform us of other job changes, email to moves@thomsonreuters.com. BARCLAYS PLC The bank said it would appoint Crawf
Read more* Investment bank dominates too much - investor * Jenkins seen cutting investment bank 10-20 pct -analyst * Bank faces backlash over bonuses at AGM April 24 By Steve Slater LONDON, April 15 (Reuters) - Barclays' Chief Executive Antony Jenkins is facing a high-wire act to o
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LONDON (Alliance News) - Imperial Tobacco Group Tuesday said it will close factories in Nottingham and in Nantes in France with the loss of up to 900 jobs, in response to the continuing downturn in European cigarette markets.
Companies including GKN, Aggreko and rec
LONDON (Alliance News) - The following is a summary of top news stories Tuesday.
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COMPANIES
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The Barclays board has chosen Crawford Gillies as successor to John Sunderland as chairman of its remuneration committee. Gillies, who has been
LONDON (Alliance News) - Barclays PLC Tuesday said it has chosen a successor to John Sunderland as Chairman of the board remuneration committee after appointing Crawford Gillies as a non-executive Director. Gillies, who has been on the boards of Standard Life PLC since 2007, where he has ch
Read moreLONDON, April 15 (Reuters) - Barclays said it will appoint Crawford Gillies as the new head of its remuneration committee, in a move that could take the sting out of criticism from shareholders next week about pay levels at the British bank. Barclays said on Tuesday Gillies, who has headed
Read moreBarclays is set to appoint Crawford Gillies to the group's board as a Non-Executive Director and he is expected to replace John Sunderland as Chairman of the remuneration committee later this year. Gillies who holds directorships at Standard Life and Scottish Enterprise will immediately become a me
Read moreIn an attempt to placate shareholders' ire over the recent 10 per cent increase in its bonus pool, Barclays is to announce that it will change the head of its remunerations committee, Sir John Sunderland. He is to be replaced by Crawford Gillies, a director at Standard Life, Scottish Enterprise and
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