Barclays investment bank job cuts to affect up to 2,000, FT reports

Barclays (BCS) will cut up to 2,000 jobs at its investment bank following the Libor rate-rigging scandal, the Financial Times reports. Sources say the bank has started a consultation process in the U.K. to cut several hundred jobs, and staff in U.S., Europe and Asia will be informed in the next few weeks about further redundancies.

View Comments (0)