Business
Barclays to Return £10 Billion to Shareholders, Cut Costs
Barclays said it plans to return £10 billion of capital to shareholders and go on a major cost-cutting drive as part of Chief Executive Officer C.S. Venkatakrishnan’s efforts to boost returns above 12% in the coming years. Tom Metcalf reports on Bloomberg Television.
Read more on this story here: https://www.bloomberg.com/news/articles/2024-02-20/barclays-aims-to-cut-costs-by-2-billion-in-bid-to-boost-returns
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