Barclays to let investment bankers go in London and New York

20th Jan 2016 16:09

(ShareCast News) - Barclays said it would cut investment banking jobs in London, New York and across Asia, in places such as Hong Kong and in Australia, Bloomberg reported.The lay-offs were part of a restructuring plan, the lender said, with a smaller 'bonus' pool, of possibly about 10%, having also been mooted.Bloomberg reported "a few thousand" more job-cuts might be on the cards, although the exact number had not yet been announced. -- More to follow --