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Stock Market & Financial Investment News

News Breaks
March 8, 2013
05:53 EDTBCSBarclays CEO suggests 40,000 jobs could be cut over 10 years, Sky News reports
Sky News has learned that Barclays (BCS) CEO Antony Jenkins told investors during meetings with leading shareholders last month that he could see the bank employing 100,000 staff worldwide compared with 140,000 now, suggesting tens of thousands of jobs could be cut during the next decade. Jenkins is also said to have discussed the goal of Barclays becoming a self service-oriented company which allows its remaining staff to focus on delivering "added value" to customers and clients across its retail, investment and wealth management operations. Reference Link
News For BCS From The Last 14 Days
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June 12, 2013
07:53 EDTBCSBarclays wants banking standards task force in U.K., FT reports
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June 11, 2013
07:25 EDTBCSInternational Economic Forum of the Americas to host a forum
19th Conference of Montreal is being held in Montreal, Canada on June 10-13.
June 10, 2013
07:20 EDTBCSBiomed to host a conference
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June 7, 2013
06:09 EDTBCSTop rated BofA Merrill analyst Nakanishi to leave firm, Bloomberg reports
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June 6, 2013
18:30 EDTBCSU.S., British regulators prepare charges in Libor case, WSJ reports
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08:13 EDTBCSSumitomo Mitsui sells a $400M stake in Barclays, Reuters reports
Sumitomo Mitsui Banking Corp. (SMFG) sold a $400M stake in Barclays (BCS), about half its holding in the bank, reports Reuters. The shares were sold by Nomura (NMR), sources say. Reference Link
07:10 EDTBCS'Dark pools' face regulatory scrutiny, WSJ reports
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06:13 EDTBCSKelso hires Barclays to sell Custom Building Products, Reuters reports
Kelso & Company hired Barclays (BCS) to find a buyer for Custom Building Products, which makes supplies for home furnishings and construction and has Home Depot (HD) as a primary retail partner, sources say, reports Reuters. Reference Link
06:03 EDTBCSOn the Fly: Periodicals Wrap-Up
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June 4, 2013
07:53 EDTBCSDeutsche Bank to host a conference
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