Barclays announces 5,000 job cuts and Q3 results with £3.13bn income

Barclays announced a plan to cut 5,000 jobs, about 5% of its global workforce, to streamline operations and improve efficiency through AI. The bank reported Q3 income of £3.13 billion, up 1.5%, while pretax profit fell 4% below consensus.

Detected & updated continuously · Source: Nebula