07/11/2019

Barclays seeks to calm layoff fears

The announcement is likely to offer little relief to its employees as firms routinely face redundancy after mergers, buyouts or divestitures, since the whole point of the process is to achieve efficiency through cost cutting.

06/19/2019

ABSA Named Africa’s Best Investment Bank

“This award recognizes the success of our parent company - Absa Group’s efforts to contribute to the transformation of Africa’s financial sector, as well as deepening the relationships we continue to build with our clients,” said M

06/04/2019

Barclays ‘spent Sh479m to lay off workers in 2018’

From having 6,900 employees in 2007, Barclays’ headcount has been falling over the years as digitisation programmes and search for increased efficiency took shape in a sector defined by cut-throat competition.