Barclays Wealth is to lay off up to 500 staff from the wealth manager’s operations after a review of its business.

A spokeswoman for the wealth manager said: "The lay offs will predominately affect our UK operations and apply to staff across all job functions."

David Bain

Barclays

FCA set to slash rules for smaller private equity firms and hedge funds

Dubai’s finance sector has boomed. Now it needs regulators

Financial News journalists scoop prizes at State Street press awards

Pimco Emea boss Craig Dawson returns to California for new role

https://images.fnlondon.com/im-22233932?size=1.5

Christian Stracke, global head of credit research, will run Emea from bond giant’s London office

BNP Paribas flies in Lynagh from New York to head UK global banking

https://images.fnlondon.com/im-10531328?size=1.5

Mark Lynagh is succeeding Matthew Ponsonby who has resigned from the bank

PwC hires Jefferies managing director in deals push

https://images.fnlondon.com/im-75247515?size=1.5

Big Four firm boosts insurance M&A team with hire from US bank

The European Union has a plan to counteract the swathe of tariffs U.S. President Trump is planning to impose on foreign goods, European Commission President Ursula von der Leyen said.

EU Has Plan to Retaliate on U.S. Tariffs, Von der Leyen Says

The Japanese investment firm is entwining its fortunes with a company that expects to lose billions of dollars for years to come, in the hope that it will emerge as the leader in AI.

How Is SoftBank Funding Its Mega Investment in OpenAI? A Lot of Debt

The BlackRock CEO says he wants individuals to have better access to the menu of private and illiquid investments that have long been core holdings of pensions, endowments and other institutions.

Larry Fink Says Regular Americans Need Private Assets Too

The prospect of a radical escalation in the global trade war in the coming days has nearly doubled the probability of a recession in the U.S. economy in the next 12 months to around 35%, according to Goldman Sachs.

Goldman Sachs Lifts U.S. Recession Probability to 35%

Tariff uncertainty and a flagging tech trade dragged the S&P 500 and Nasdaq lower to start 2025.

U.S. Stocks Post Worst Quarter Since 2022 on Threat of Trade War

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

https://www.wsj.com?type=allesseh_content_full_list

https://ace.fnlondon.com/client

MY ACCOUNT

ABOUT

SECTIONS

unbolded

Barclays Wealth to cut up to 500 staff

Financial News