Barclays CEO CS Venkatakrishnan. Photo: Getty
Barclays is preparing to cut more than 200 jobs in its investment bank in the coming days as part of a plan to boost the division’s profitability.
Staffers in investment banking, global markets and research will probably be affected, according to people familiar with the matter, and managing directors will be the most senior roles affected. The reduction represents about 3pc of the investment bank’s headcount.
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