Despite suggestions to downsize or sell the investment-banki...

Despite suggestions to downsize or sell the investment-banking arm, Barclays' CEO C.S. Venkatakrishnan has chosen to maintain it while expanding other sectors like wealth management, retail, and credit cards. The bank's shares surged over 5% following the news.

Barclays Slashes Costs, Refocuses on U.K. as Part of Broad Revamp -- WSJ

Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more

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