Barclays Capital announce several hundred redundancies

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Barclays Capital announce several hundred redundancies

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08-11-2010, 10:44 PM

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Barclays Capital announce several hundred redundancies

Barclays Capital, the investment division of banking giant Barclays, is to slash around 400 back-office jobs in the US, Europe and Asia, a source familiar with the matter has said. The job losses come following Barclays’ expansion of its investment-banking unit, driven by the bank’s purchase of Lehman Brothers North America operations at the height [...]

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