Wealth and Asset Management
Why Barclays’ Decision To Revamp Wealth Management Operations Makes Sense
Late last week, the newly-appointed CEO of Barclays’ (NYSE:BCS) Wealth & Investment Management business, Peter Horrell, announced an overhaul which will see the business shrinking its global footprint considerably, to help cut costs and boost profitability. [1] Horrell plans to exit from as many as 130 countries over the next three years…
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