Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
Barclays reports Q4 net loss, announces major strategic overhaul with cost cuts, asset sales, and business reorganization, aiming to return £10bn to shareholders by 2026.
Barclays reported a Q4 net loss of £111m ($139.8m) as it announced a major strategic overhaul, which includes significant cost cuts, asset sales, and reorganization of its business divisions.
The bank aims to return £10bn to shareholders between 2024 and 2026 through dividends and share buybacks, following a full-year net attributable profit of £4.27bn, down from £5.023bn in 2022.
The overhaul involves targeting total gross cost savings of £2bn by 2026 and dividing its business into five operating divisions.
37 Articles
Barclays informa pérdidas netas en el cuarto trimestre y anuncia una importante revisión estratégica con recortes de costos, ventas de activos y reorganización empresarial, con el objetivo de devolver £10 mil millones a los accionistas para 2026.