Nov 8 - Barclays Plc
has cut its workforce in corporate and investment banking , according to a person familiar with the matter, joining rivals who also took similar steps to rein in costs as deals plunged from records set last year. Investment bankers were awash with deals in 2021, but have seen few this year as companies halt buyouts and listings amid volatility in the capital markets, tensions between the United States and China, and the Russia-Ukraine war.
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: