Bloomberg Barclays Plc is looking to reduce its real estate expenses in the UK, US and India as the shift to remote working adds fuel to its cost-cutting ambitions. The bank could announce changes early next year although the board has not taken a final decision on the extent and timing of any measures, people with knowledge of the matter ...

Bloomberg The US Treasury Department said it hasn’t identified any banks or other financial institutions linked to a group of people sanctioned in October over China’s crackdown on Hong Kong. The decision, announced in a report required by Congress, is likely to come as a relief to major banks that had sought to unwind any connection to those sanctioned for ...

Bloomberg Lloyds Banking Group Plc’s Black employees are paid about 20% less than their colleagues as British lenders struggle with their representation across senior positions. The median pay gap between Black employees and other peers was 19.7%, while the bonus gap was 37.6%, according to the bank’s April 2019-2020 report. “For our Black colleagues, the pay and bonus gap is ...