You are here

Barclays Asia cash-equity unit finally turns profit

Recent cost cuts should allow it to make profit by end next year, seven years after it started the business
Thursday, May 7, 2015 - 05:50

UKCANARYWHARF150507.jpg
Barclays plc is on track to make money from its cash-equity broking unit in the Asia-Pacific region by 2016, seven years after it started the business.

Hong Kong

BARCLAYS plc is on track to make money from its cash-equity broking unit in the Asia-Pacific region by 2016, seven years after it started the business.

Recent cost cuts should allow the UK's second largest bank by assets to turn a profit in Asian cash equities by the end

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom