Barclays 'to be focused and simpler' - CEO Antony Jenkins
Barclays is to cut 14,000 jobs as part of a programme to create a more "focused and simple" bank, its chief executive has said.
Antony Jenkins told the BBC's Business editor Kamal Ahmed that the bank was responding to customer needs, economic pressures and regulatory rules.
In total, there will 19,000 jobs lost at Barclays by 2016, with about 10,000 to go in the UK.
08 May 2014
- From the section Business