have been discussing the specter of reductions in the investment bank, which some fear could come as soon as the end of the month, according to one insider at the bank.
at the start of the year. With Throsby's exit, many now see the writing on the wall, the Barclays insider said."Britain's last remaining global investment bank is planning to cut bonuses as part of a cost-cutting drive to boost returns at the underperforming investment division, according to several people briefed on the plans.
," where Throsby pushed back at what he characterized as a plan for compensation and job cuts, as well as a reduction in capital reserves that buffer against potential losses, at the international division.