Rain layoffs at home Barclays. By the end of the year, the British banking giant it will cut between 10 and 12 thousand jobs, of which 7 in the UK alone. This was announced by the director general of the institute, Antony Jenkins, specifying that the redundancies will involve 820 managers: 600 directors and 220 administrative directors. To date, the group has approximately 139 employees worldwide.
The announcement of the new cuts coincides with that of a increase in the amount of bonuses for managers by almost 10%, to around 2,3 billion euros, an issue that is raising a lot of controversy in the country.
Meanwhile, on the accounts front, the Bank closed 2013 back to profit: the net result was positive for 540 million pounds (about 650 million euro), against the loss of 624 million pounds in the previous year.
A press release from the Bank reads that adjusted pre-tax profit for last year it was £5,2 billion ($8,5 billion), down 26% from £7,05 billion in 2012. Analysts had expected the figure to be 5,4 billion on average billions of pounds.
THEgross profit it came in at £2,9bn, a marked improvement on the previous year's £246m, the bank again advanced ahead of the full accounts to be released tomorrow.
The lender last month anticipated that accounts are expected to be impacted by £330m in the fourth quarter from regulatory fines and lawsuits. Also yesterday, Barclays revealed that it is in talks with regulators about a possible one malicious leak of information on customer accounts. According to the Mail on Sunday, the personal and financial information of 27 account holders would have been illegally disclosed.