Sept 8 - Barclays Plc is planning to cut hundreds of jobs across its trading and investment bank divisions, Bloomberg News reported on Friday, citing people familiar with the matter.
The report added that the British lending group is planning to remove about 5% of client-facing staff in the trading division along with some dealmakers globally, as well as restructure teams within its UK consumer-banking unit.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US futures fall with Fed's next move in focus: Stock market news todayStock futures pointed lower on Thursday amid building signs the US economy could be running hot.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Stocks tumble with Fed's next move in focus, Apple losses deepen: Stock market news todayStocks were lower on Thursday amid building signs the US economy could be running hot.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Nasdaq sinks as Apple losses deepen, Fed's next move in focus: Stock market news todayStocks were lower on Thursday amid building signs the US economy could be running hot.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Nasdaq tumbles as Apple losses deepen, Fed's next move in focus: Stock market news todayStocks were lower on Thursday amid building signs the US economy could be running hot.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
US futures slip as Fed officials hint at rate respite: Stock market news todayStock futures inched down on Friday, with those on the Nasdaq 100 pointing lower even as Apple's slump took a breather.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Stocks rise at the open as Fed officials hint at rate respite: Stock market news todayStocks stepped higher on Friday, with the Nasdaq gaining as Apple's shares recovered from a two-day slump.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »