News Headline Summary
Barclays (BARC LN) CEO says investment bank will remain large and important part of the group
- Closing structured capital markets unit.
- Staff not prepared to embrace changes must move on.
Reaction details (10:53)
- Co. shares are unmoved in immediate reaction to the news; trades GBP 3.14 (+4.30%) last.
Analysis details (10:51)
- This comes following the announcement earlier this morning that Barclays are to cut 3,700 jobs.
12 Feb 2013 - 10:49
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