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Barclays will cut about 100 million pounds ($127 million) of annual costs from its UK corporate banking business by 2026, it said on Tuesday, as part of wider cost-cutting plans announced in February.
The lender will continue to invest in the business, seeking to deepen lending relationships with corporate clients, the division's CEO Matt Hammerstein said. ($1 = 0.7865 pounds)
(Reporting by Lawrence White Editing by David Goodman)