Barclays considering to cut ties with up to 7,000 clients
Banking major Barclays is preparing to cut ties with 7,000 clients unless they boost their trading levels with it. In this regard, Barclays launched a new computer system, Flight Deck, which ranks customers by the returns they generate. “We have the returns figures, so we can... have those tough conversations with clients that don’t meet our hurdle rates,” Barclays said.