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Barclays Banker Says Investors Moving Away From Risk With Middle East Conflict

Barclays Banker Says Investors Moving Away From Risk With Middle East Conflict
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Top Barclays Banker Says Rapid Flight From Risk Will Endure

Top Barclays Banker Says Rapid Flight From Risk Will Endure
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United kingdomStephen daintonBarclays plcBarclays bank plcMiddle eastBarclays bank

Oil closing off the week in a loss after markets brush off flare up in tensions in Middle East

Oil closing off the week in a loss after markets brush off flare up in tensions in Middle East
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Barclays eyes GBP2 billion cost cuts and promises returns

Barclays PLC on Tuesday announced an efficiency drive, a new divisional reporting line-up and a plan to return GBP10 billion to shareholders over the next three years. Shares were 6.6% higher at.

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Barclays aims to cut costs by £2 billion in bid to boost returns

The British bank, which is mainly known for its global investment banking and markets franchise, achieved a return on tangible equity of 9% for 2023, according to a statement on Tuesday.

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