KEY POINTS Mondelez’ CEO said this week the coronavirus crisis has showed “we can work in different ways,” and as a result, the company does not need all its global offices. Nationwide, which has gone to 98% work from home during Covid-19, announced a permanent transition to a hybrid model, with working-from-office in four main…
Barclays has rebalanced its equity focus away from the U.S. and toward Europe and emerging markets for 2020. In its 2020 outlook, published Wednesday, the British lender said it expects European equities to deliver further gains, setting a target for the Stoxx 600 of 430 by the end of 2020, up 6% from Wednesday’s open. The rise is…
Barclays has been given the green light to transfer £160bn of assets to its Irish business as the bank “cannot wait any longer” to implement its no-deal Brexit strategy amid ongoing political uncertainty. A High Court judgement revealed that the bank is pushing forward with its Brexit contingency plan to transfer all of its European…
Barclays, a British multinational investment bank and financial services company, has appointed Jean-Damien Marie as the new head of investments (Private Bank & Overseas Services) for the Europe, Middle East and Africa region. With over 20 years’ experience in capital markets, asset and wealth management business development and portfolio construction for large asset owners, Jean-Damien…
