Tag: Banking sector



Redundancies for Barclays Staff

Posted on 13 February, 2013 by MOVEHUT under Business News

Barclays Bank has said it will make 3,700 redundancies following a strategic review, as it aims to cut costs by £1.7bn. Nearly half of those job losses will come at its investment bank. Barclays also reported a fall in pre-tax profit to £246m in... Read More

Virgin Money Unlikely to Pick Up RBS Branches

Posted on 29 October, 2012 by Kirsten Kennedy under Business News

Banking chain RBS has not had an easy run during the recession. Trust in the banking system, already damaged by the country’s descent into economic instability, plummeted after the Libor scandal, with the major high street chains suffering... Read More