= Subscriber content; or subscribe now to access all American Banker content.

Barclays to Cut 3,700 Jobs to Reduce Costs in Revamp

Barclays will cut 3,700 jobs to reduce annual costs by 1.7 billion pounds ($2.6 billion) as CEO Antony Jenkins revamps the lender following its fine for interest-rate manipulation.

To continue, please sign in or subscribe
FREE 14-DAY
TRIAL
  • Full access to banking's most comprehensive daily report
  • Daily, weekly, and topic-based newsletters and alerts
  • Award-winning analysis and insight, focused on bankers' key concerns
No credit card needed
PREMIUM
SUBSCRIPTIONS
Core subscription content plus:
  • Bimonthly industry research reports
  • Morning Scan Plus (Premium e-newsletter)
  • American Banker mobile app
Have an account?
SIGN IN HERE
Remember me