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Amazon shares tanked on weak earnings, but Barclays says it’s too early to buy the rare dip

The company's revenue tends to lag in the fourth quarter, and its push for one-day shipping will intensify the slowdown, Barclays said.
Mohamed El-Erian

Barclays names to its board a Soros exec and star economist and Pimco alum El-Erian

Barclays is having a volatile year — its investment bank chief left in a shock departure, it fought off an activist, and senior execs have fled.

Global banks have cut 30,000 jobs this year. It’s a sign the banking crisis is only getting worse.

Deutsche Bank leads the way on cuts, but Barclays, HSBC, Société Générale and Citigroup are also reducing headcount.

Barclays says 3,000 jobs have been culled so far this year

The news comes amid better-than-expected earnings on Thursday, amid a wave of management changes that has jolted staff in 2019.
Deutsche Bank CEO Christian Sewing

Deutsche Bank reportedly just lost $20 billion in balances to one of its rivals

In early July, Deutsche Bank announced it planned to layoff 18,000 employees as part of major overhaul to its business.
Barclays' CEO Jes Staley arrives at 10 Downing Street in London, Britain January 11, 2018.

Disgraced financier Jeffrey Epstein reportedly had close ties to Barclays CEO Jes Staley and multiple Wall Street executives

Epstein was visited by one executive while serving time, sat on the board of another's family foundation, and attended a third's Thanksgiving party.

Barclays surveyed more than 400 investors about their biggest market fear — and a clear majority cited Trump’s global trade war

While those surveyed were split between bullish and bearish outlooks, nearly 60% noted their biggest fear is how trade conflicts harm the economy.
People sit outside the New York Stock Exchange (NYSE) in New York City, U.S., September 15, 2016.

Major US banks are the big winners as Deutsche Bank’s business gets a massive shake-up

Market share for both trading and investment banking has already been shifting towards US banks over the past few years, Credit Suisse says.
Traders work on the trading floor of Barclays Bank at Canary Wharf in London

A management overhaul at Barclays is rocking employees. Here’s what we know about what’s going on inside the British investment bank.

Barclays in early 2019 dropped a bombshell when investment-banking head Tim Throsby stepped down. Here's what we know about what's going on inside the bank
Former Barclays CEO John Varley.

Ex-Barclays CEO John Varley just got cleared of fraud charges related to a financial crisis-era deal

Senior judges ruled that there wasn't sufficient evidence to proceed with the trial.