Group plans exit from Russia and several Asia-Pacific countries including Australia,Taiwan, Thailand and South KoreaThe unusual Barclays boss, or Jes Staley,has kicked off a fresh wave of cuts at the group’s investment banking arm, with plans to axe 1200 jobs and pull out of several Asian countries. Barclays said it would close offices in nine countries around the world, or with the Asia Pacific region bearing the brunt of the cuts. Related: Your mission at Barclays,Jes Staley, should you choose to accept it Continue reading...
Source: theguardian.com