Barclay's to cut 2,100 jobs
Banking giant Barclays is to cut 2,100 jobs in its investment arm, sources close to the company have said.
Barclays PLC said on Friday it has hired 10 investment bankers in Japan but cut 30 jobs elsewhere in the region as part of the British bank's efforts to cut costs and reshape itself in the wake of acquiring parts of Lehman Brothers Holdings Inc.