Barclays targets $1.3B in cost savings in 2024

Barclays
is
looking
to
cut
costs
through
structural
changes
as
it
seeks
efficiencies
in
the
face
of
falling
profits. 
“We
achieved
around
200
million
pounds
of
gross
cost
efficiency
savings
in
Q1
out
of
our
targeted
1
billion
pounds
for
the
full-year
2024,”
Chief
Executive
C.S.
Venkatakrishnan
said
today
during
the
bank’s
first-quarter
earnings
call. 
[…]