| New York Times LONDON – Barclays said on Thursday that it planned to cut 7,000 jobs from its investment bank in the next three years and create an internal “bad bank” to house businesses and classes of assets it is getting out of as part of an overhaul of its operations. Barclays Plans to Cut 7000 Jobs at Investment Bank by 2016Bloomberg UPDATE 3-Barclays axes 19000 jobs, reins in Wall Street ambitionsReuters Barclays to cut 19000 jobs over three yearsBBC News MarketWatch –Financial Times all 219 news articles |
Source: Business News From Google News
Zennie Abraham | Zennie Abraham or “Zennie62” is the founder of Zennie62Media which consists of zennie62blog.com and a multimedia blog news aggregator and video network, and 78-blog network, with social media and content development services and consulting. Zennie is a pioneer video blogger, YouTube Partner, social media practitioner, game developer, and pundit. Note: news aggregator content does not reflect the personal views of Mr. Abraham.