Barclays Investment Banking Businesses

Barclays said the investment would help grow its corporate and investment banking, and private clients businesses in the country.

Barclays will cut about 1,000 jobs in investment banking worldwide and close its cash equities business in Asia as new chief executive Jes Staley wields the axe in a bid to reduce costs and boost returns.

Barclays Plc will announce job cuts in its investment banking businesses across Asia, including closing the businesses in Korea and Taiwan, people with direct knowledge of the matter told Reuters, in the latest cuts for the London-based lender in the region.

Infosys is scheduled to report its fourth quarter earnings on Friday but it is not the numbers which analysts fancy this time. They are instead busy speculating whether or not India's second largest outsourcer will discontinue its annual sales outlook this time. Bank of America, Barclays, ICICI Securities and some other investment banks say Infosys...

Barclays' new boss is expected to shrink his investment banking and European operations and stop activities that could damage the troubled British bank's reputation as part of a revival plan to be unveiled on Tuesday.

The Zurich-based bank said on Thursday it would cut costs by 4.4 billion Swiss francs by the end of 2015, up from its previous target of 4 billion. Fourth-quarter net profit came in at 397 million francs, missing analysts average forecast of 645 million in a Reuters poll.

Britain's Royal Bank of Scotland will pay U.S. and British authorities $615 million and plead guilty to wire fraud in Japan to settle allegations it manipulated global benchmark interest rates.

Royal Bank of Scotland will face pressure to further shrink its investment bank should an investigation into interest rate rigging show cultural failings persist in the business, political and industry sources have said.

"There is more to wealth than managing one's assets," said David Hughes, Head of Affinity Partnerships at Barclays, which oversees the Little Book of Wonders. "This is a complement to the financial advice we give clients and a recognition of the world in which our clients exist."

Barclays said the investment would help grow its corporate and investment banking, and private clients businesses in the country.

Barclays will cut about 1,000 jobs in investment banking worldwide and close its cash equities business in Asia as new chief executive Jes Staley wields the axe in a bid to reduce costs and boost returns.

Barclays Plc will announce job cuts in its investment banking businesses across Asia, including closing the businesses in Korea and Taiwan, people with direct knowledge of the matter told Reuters, in the latest cuts for the London-based lender in the region.

Infosys is scheduled to report its fourth quarter earnings on Friday but it is not the numbers which analysts fancy this time. They are instead busy speculating whether or not India's second largest outsourcer will discontinue its annual sales outlook this time. Bank of America, Barclays, ICICI Securities and some other investment banks say Infosys...

Barclays' new boss is expected to shrink his investment banking and European operations and stop activities that could damage the troubled British bank's reputation as part of a revival plan to be unveiled on Tuesday.

The Zurich-based bank said on Thursday it would cut costs by 4.4 billion Swiss francs by the end of 2015, up from its previous target of 4 billion. Fourth-quarter net profit came in at 397 million francs, missing analysts average forecast of 645 million in a Reuters poll.

Britain's Royal Bank of Scotland will pay U.S. and British authorities $615 million and plead guilty to wire fraud in Japan to settle allegations it manipulated global benchmark interest rates.

Royal Bank of Scotland will face pressure to further shrink its investment bank should an investigation into interest rate rigging show cultural failings persist in the business, political and industry sources have said.

"There is more to wealth than managing one's assets," said David Hughes, Head of Affinity Partnerships at Barclays, which oversees the Little Book of Wonders. "This is a complement to the financial advice we give clients and a recognition of the world in which our clients exist."