Barclays has said it intends to cut up to 12,000 jobs this year, including 7,000 in the UK, as it reveals it has upped its staff bonus pool despite a drop in profits.
Barclays has been forced to issue confirmation of its pre-tax profits for 2013 a day ahead of its results after they were leaked in a diary column.
Japanese equity markets have seen double-digit falls since the start of the year as investors panic over global growth and problems in emerging markets, but which funds have suffered the most?
Impending US employment data expected to show a further improvement in the country's economy sparked gains for equity indices around the globe overnight.
Jupiter's emerging Europe specialist Elena Shaftan is to retire from the group, with her funds handed over to Kathryn Langridge, Investment Week understands.