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Barclays Bank cuts up to 12,000 jobs

Barclays Bank cuts up to 12,000 jobs Barclays is shedding as many as 12,000 jobs this year as it tries to reduce costs after a slump in profits. The British-based bank said fourth quarter earnings before tax fell 86%, dragged down by a loss of £329 million in investment banking. A spokesman said 10,000 to 12,000 jobs would go in 2014, including... 
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Added February 11, 2014
from The Punch News