City Fears Job Cuts As Barcap Looks East ; Banking

Evening Standard - London › March 03, 2008

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Summary

THE City was gripped by uncertainty today after experts warned of at least 10,000 job cuts in London while Barclays Capital unveiled plans to hire 1500 new staff in Asia.

The investment banking arm of Barclays aims to increase its headcount in Asia from 3500 to 5000 in the next two years.

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Extract

City Fears Job Cuts As Barcap Looks East ; Banking

Meanwhile, City headhunter Armstrong International to...

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