Jobs go as Barclays turns screw on costs

摘要

Barclays has cut more than 20 jobs in its markets business this week as the British bank turns the screw on cutting costs in its corporate and investment bank, people familiar with the matter said. About 20 bankers have been fired in London and there were further cuts in Asia and New York, the sources said. The overall tally of cuts was not known, but it was expected to be fewer than 100. Cuts have been made across the markets desks, including rates and credit trading and equities.