Barclays is a British multinational banking and financial services company headquartered in London, United Kingdom. It is a universal bank and is organised within two business 'clusters': Corporate & Investment Banking and Wealth Management, and Retail & Business Banking.

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New Barclays might finally be taking shape

Barclays Canary Wharf

Barclays is on track or ahead of schedule on all six elements of its turnaround plan, said its chief executive, Antony Jenkins, on Wednesday. Since this plan is only two months old, and in any case represents plan B, this is not quite the triumph it might sound.

Barclays has cut 5,000 staff this year

Axe In Wood

Barclays has cut just under 5,000 staff this year as part of its plan to streamline the bank and axe areas that are unprofitable, leaving the bank with fewer staff than at any time since 2007.

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So Who Are The City's Richest ?

Yes, the guys and girls (mostly guys) who have made their millions by plying their trade in the financial markets in the 'square mile'. The Sunday Times has compiled a list of the City's 100 richest people - not surprisingly, over half of those who got into the top 100 made their dosh in hedge funds or private equity. Listed below is the Top 10 and other notables and worthies.

Axe In Wood

Barclays has cut 5,000 staff this year

Barclays has cut just under 5,000 staff this year as part of its plan to streamline the bank and axe areas that are unprofitable, leaving the bank with fewer staff than at any time since 2007.

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