Barclays to Lay Off 300 Bankers

9 months ago
35

Barclays is dismissing roughly 50 senior dealmakers as part of the banking giant’s annual culling of staffers in its investment bank. The cuts are part of a plan to trim headcount by about 300 people across the corporate and investment bank, according to people familiar with the matter. That amounts to about 3% of total headcount in the unit, which also includes Barclays’s trading operations. Tom Metcalf reports on Bloomberg Television.
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