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Barclays to cut more jobs in investment bank
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Barclays is expected to cut more than 100 jobs in its investment bank this week amid a slowdown in dealmaking and stock market flotations, Sky News reported citing unnamed sources.
The British bank layoffs, which won't be focused in a single country or function, would be the second round of cuts after 200 jobs were trimmed in its investment bank on November, according to Sky News.
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Read more on fnlondon.comAbout this in other media
UK economy not ‘out of the woods’, says Barclays boss after bank’s record profit theguardian.com /1 year ago
Barclays’ fixed income unit bolsters investment bank amid deal slump fnlondon.com /1 year ago
Stocks making the biggest moves midday: Microsoft, Chipotle, Boeing, First Republic Bank and more cnbc.com /1 year ago
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