Barclays bets on AI to cut costs and boost returns

Barclays bets on AI to cut costs and boost returnsBarclays recorded a 12 % jump in annual profit for 2025, reporting £9.1 billion in earnings before tax, up from £8.1 billion a year earlier. The bank also raised its performance targets out through 2028, aiming for a return on tangible equity (RoTE) of more than 14 %, up from a previous goal of above […] The post Barclays bets on AI to cut costs and boost returns appeared first on AI News.

Barclays recorded a 12 % jump in annual profit for 2025, reporting £9.1 billion in earnings before tax, up from £8.1 billion a year earlier. The bank also raised its performance targets out through 2028, aiming for a return on tangible equity (RoTE) of more than 14 %, up from a previous goal of above […]

The post Barclays bets on AI to cut costs and boost returns appeared first on AI News.