Barclays Cautious in the Approach to June's EU Referendum
Barclays Plc said profit fell 25 percent in the first quarter as the businesses the firm is exiting posted a larger loss than a year earlier. Reported pretax profit fell to 793 million pounds ($1.15 billion) from 1.06 billion pounds a year ago, the London-based bank said in a filing Wednesday. The bank added it's confident in core franchises and is cautious as June 23 Brexit referendum approaches. UBS Private Banking Head of UK Investment Bill O'Neill discusses the wider picture for global banking with Bloomberg's Anna Edwards on "Countdown."
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Infosys CEO Resigns After Criticism From Founders
14:34 - Infosys Ltd. Chief Executive Officer Vishal Sikka has stepped down following criticism from the company’s founder. Chief Operating Officer Pravin Rao will become interim CEO. Bloomberg's Caroline Hyde reports on "Bloomberg Technology." (Source: Bloomberg)