Barclays cuts

Barclays to fire 15% of Asian investment bank staff

Investment bank retrenchment continues as Barclays prepares to cut about 70 jobs in Asia as part of a worldwide reduction in headcount, according to unofficial sources.
January 25, 2013

Barclays has started to cut jobs in its Asian investment bank division as part of the UK lender’s restructuring plan set to be unveiled by chief executive Antony Jenkins next month.

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