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Barclays Service Corporation plans to lay off 78 employees at its Whippany campus between June 23 and July 7, as part of efforts to align staffing with business needs. The layoffs, disclosed in a WARN filing, do not specify the percentage of the workforce affected or if similar cuts will occur at other New Jersey locations. The Whippany site, opened in 2018, serves as a hub for the Chief Operating Office and supports operations across the Americas.
Barclays Service Corporation plans to lay off 78 employees at its Whippany campus between June 23 and July 7, as part of efforts to align staffing with current business needs. The layoffs, disclosed in a filing with the New Jersey Department of Labor, fall under the WARN Act, which mandates advance notice for significant workforce reductions. The Whippany campus, opened in 2018, serves as a hub for the Chief Operating Office and supports operations across the Americas.
The paper highlights progress in attracting investors for the Sizewell C nuclear power plant. On April Fool’s Day, various MPs engaged in humorous pranks, while Shadow Justice Secretary Robert Jenrick briefly retweeted a controversial post before deleting it. In international news, China conducted military drills near Taiwan, and National Rally President Jordan Bardella expressed support for Marine Le Pen following her embezzlement conviction.
Deutsche Bank has been appointed as the successor depositary bank for the American Depositary Receipt Program of Infineon Technologies AG, a global leader in semiconductors. Infineon, which employs around 58,060 people and generated approximately €15 billion in revenue for the 2024 fiscal year, focuses on decarbonization and digitalization. The Depositary Receipts are registered under the US Securities Act of 1933, and the services provided are not available to retail clients as defined by the UK Financial Conduct Authority.
Lloyds Banking Group PLC has announced the acquisition of 13,193,285 ordinary shares as part of its ongoing share buyback program, purchasing them from Morgan Stanley & Co. International plc at an average price of 72.6102 pence per share. This move aims to enhance shareholder value, with the shares set to be cancelled. The company continues to focus on providing a wide range of financial services primarily in the UK market.
IG Group Holdings plc has successfully completed its acquisition of Freetrade, effective April 1, 2025, following the announcement on January 16, 2025. CEO Breon Corcoran expressed enthusiasm about collaborating with Freetrade's team, while co-founder Viktor Nebehaj highlighted the potential for accelerated growth and product development with IG's support.
Qualcomm is evaluating a takeover offer for Alphawave, a UK-based technology company. This move highlights Qualcomm's strategic interest in expanding its portfolio within the semiconductor industry. Further developments are anticipated as discussions progress.
IG Group Holdings plc has successfully completed its acquisition of Freetrade, announced on January 16, 2025. CEO Breon Corcoran expressed excitement about the collaboration, while Freetrade's CEO Viktor Nebehaj highlighted the advantages of joining forces to enhance product offerings and accelerate growth. This strategic move aims to expand IG's customer base and improve the overall customer experience.
IG Group has successfully completed its acquisition of Freetrade, originally announced on January 16, 2025. CEO Breon Corcoran expressed enthusiasm for the collaboration, while Freetrade's CEO Viktor Nebehaj highlighted the potential for accelerated growth and enhanced customer offerings through IG's resources. The acquisition aligns with IG's strategy to expand its customer base and product portfolio.
Lloyds and Halifax have announced additional branch closures, with a total of 254 branches set to shut down permanently. The decision reflects ongoing changes in the banking landscape, impacting numerous communities across the country. Keep scrolling to see the full list of affected branches.
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barclays to cut 78 jobs at whippany campus amid restructuring efforts
19:35 01.04.2025
barclays to cut 78 jobs at whippany campus amid restructuring efforts
19:33 01.04.2025
political pranks and serious issues dominate recent news headlines
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19:04 01.04.2025
Deutsche Bank named successor depositary bank for Infineon Technologies ADR program
19:00 01.04.2025
Lloyds Banking Group announces significant share buyback to boost shareholder value
18:28 01.04.2025
IG Group completes acquisition of Freetrade to enhance growth and innovation
18:11 01.04.2025
qualcomm evaluates acquisition proposal from uk based alphawave
18:08 01.04.2025
IG Group completes acquisition of Freetrade to enhance trading platform offerings
17:52 01.04.2025
IG Group completes acquisition of Freetrade to enhance trading platform offerings
17:47 01.04.2025
Lloyds and Halifax announce additional branch closures affecting 254 locations
16:57 01.04.2025
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