Barclays axed hundreds of IT and backroom operation staff in Singapore
efinancialcareers.com, 6 Jun 2014
Barclays announced plans in May to trim 7,000 investment banking jobs globally by 2016 and reports suggest that 100 of these roles have been cut in Asia this week. The bank has also suffered several high-profile front-office departures in the region, including Jason Rynbeck, vice chairman of M&A for Asia Pacific, who left to join HSBC.
While much attention has
Barclays announced plans in May to trim 7,000 investment banking jobs globally by 2016 and reports suggest that 100 of these roles have been cut in Asia this week. The bank has also suffered several high-profile front-office departures in the region, including Jason Rynbeck, vice chairman of M&A for Asia Pacific, who left to join HSBC.
While much attention has
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