Barclays is set to end its sponsorship of the end of season ATP World Tour Finals tennis tournament.
The bank has sponsored the event since 2009 when the competition moved to London’s O2 Arena, and stated due to changes in commercial priorities it would not continue with the partnership beyond 2016.
A spokesman for Barclays said that the bank was going through a period of change and was re-assessing the way its portfolio of sponsorships worked for the company.
Barclays has also recently dropped its sponsorship of the Premier League and London’s “Boris bikes”, now taken over by Santander.
Meanwhile, the Daily Mail has reported that the ATP World Tour Finals would remain at the O2 Arena until at least 2018, following previous speculation that it would move elsewhere.
This year’s ATP World Tour Final event takes place from 15th to 22nd November.