Barclays to axe hundreds of investment banking jobs in multi-year profit push

[Bilgin]

Barclays to axe hundreds of investment banking jobs in multi-year profit push Barclays Plc is planning to cut several hundred jobs from its investment bank division as part of a yearslong plan to trim costs and boost profits, according to people familiar with the matter. The job cuts will affect the workforce in global markets, research, and investment banking arm