Barclays joins ranks of investment banks wielding jobs axe

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The British lender’s move to further trim its investment banking workforce reflects a slowdown in dealmaking activity, Sky News learns.

Barclays is joining the ranks of global investment banks taking the axe to jobs amid a slowdown in dealmaking and stock market flotations.

Although modest in size, the redundancies point to further attempts by executives to trim costs during a difficult period for the global economy, with sharp declines in merger activity in some markets seen in recent quarters.

 

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What jobs, they have already closed down 70% of branches and moved everything online lol via app

Hi wsup

Why? Thought economy, everything going ok according to BOE Mmm

barclays has been doing it for years, majority of their mis-selling divison was outsourced to companies acting on behalf of the bank doing the same work. Even contacting barclays now, you're put through to someone acting on behalf of barclays but not employed by them.

Okay. Meanwhile the issues: 1. Bola Tinubu's 1993 Narcotics Trafficking & Money Laundering Case, n $460,000 Forfeiture 2. 25% in FCT 3. Forged Certificate 4. INEC not following its guidelines 5. Shettima's Double Nomination 6. Election Rigging 7. Dual citizenship

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