Barclays shares have jumped after the bank announced it will cut 3,700 jobs this year following a strategic review, as pre-tax profits plunge due to mis-selling claims.
The cuts will include 1,800 jobs at its investment bank and 1,900 in European retail and business banking. Barclays currently employs 140,000 staff. It said the job cuts would result in a restructuring...
Ceremony on 29 November
92.9% of SJP investment complaints upheld
Government requires 'boldness' to overcome long-term challenges
Under the rules of EMIR
Also launching hedged currency share classes for existing products