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Barclays Bank News


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London midday: Defensive stocks abandoned
LONDON (SHARECAST) - London’s recent good run has come to an end as profit-takers move in, with the utilities particularly out of favour as traditional defensive stocks get the cold shoulder.
Source: sharecast.com


Barclays to axe 400 IT jobs
Banking giant Barclays is to axe 400 jobs in its IT departments after a review of its operations, it was announced. The bank said it would try to mitigate compulsory redundancies by releasing contractors, closing vacancies and offering workers the chance to apply for other jobs.
Source: icliverpool.icnetwork.co.uk


Barclays to cut 400 technology jobs
Wed 07 Jan, 2009 12:20
Source: iii.co.uk


NAB's $3.5bn fund-raiser may indicate thaw in credit markets
Australian banks have rushed to take advantage of the Federal Government's funding guarantee, tapping markets ahead of European and US rivals to raise more than $37 billion over the past month.
Source: business.theage.com.au


Barclays to cut 408 IT jobs
Barclays is to slash 408 IT jobs across Britain, the banking group said in a statement on Wednesday as it seeks a more efficient operation amid a deepening economic slowdown.
Source: news.yahoo.com


Barclays to shed 400 IT jobs
Barclays is to axe 400 jobs in IT departments after a review of its operations, the bank has announced.
Source: channel4.com


Stocks end higher on rebound hopes
NEW YORK - Wall Street brushed off more bad economic news yesterday to finish with a moderate advance that left broad stock indexes at their highest levels in two months.
Source: telegram.com


Unite Reaction to Barclays 410 Job Losses
LONDON, January 7 /PRNewswire/ -- Unite, the UK's largest trade union, has expressed concern that Barclays is to make 410 job cuts in Cheshire, Northampton and London. The jobs will be lost from the bank's IT function.
Source: itnews.it


Barclays To Axe Hundreds Of Jobs
Barclays bank is to axe 400 jobs, the company has announced.
Source: uk.news.yahoo.com


Barclays to cut 400 technology jobs
Barclays is to cut just over 400 jobs in its technology departments, it said on Wednesday.
Source: uk.news.yahoo.com