One Churchill Place skyscraper, the Barclays Plc headquarters, at Canary Wharf in London, U.K., on Thursday, Jan. 7, 2021. Bloomberg | Bloomberg | Getty Images British bank Barclays on Tuesday beat profit expectations and announced a £1 billion ($1.33 billion) share buyback as market volatility boosted investment banking revenues. Pre-tax profit beat estimates at £2.5…
The three keys USB logo is seen outside the London office of Swiss bank UBS in central London, on March 20, 2023. Daniel Leal | AFP | Getty Images Swiss giant UBS on Wednesday beat bottom line expectations amid sharp returns in investment banking while warning of the global trade impact of sweeping U.S. tariffs as…
A Santander office building in London. Luke MacGregor | Bloomberg via Getty Images Spanish lender Banco Santander has eclipsed Swiss giant UBS as continental Europe’s largest bank by market capitalization, as U.S. tariffs ripple through the region’s bruised banking sector. UBS — whose share took a deep tumble after the April 2 announcement of U.S….
Jonathan Nicholson | NurPhoto | Getty Images The British unit of Spanish lender Banco Santander on Wednesday said 750 of its staff were at risk of redundancy as it targets 95 branch closures in the U.K. The decision is part of the bank’s broader plans to update its presence from June 2025 and will bring…
