Friday, August 22, 2014   

Barclays to cut up to 12,000 jobs
(02-11 18:26)

British bank, Barclays, says it plans to cut between 10,000 and 12,000 jobs this year, including 7,000 in Britain. The cuts came as the bank said it had increased staff bonuses by ten percent last year despite an annual profit fall. Its Chief Executive Antony Jenkins, who has waived his own annual bonus, said that the rises were necessary to maintain the bank's competitiveness. --RTHK   
Other Business breaking news:
UK state borrowing halves in July: official data (08-21 18:24)
HK price level rises faster in July (08-21 18:18)
Eurozone economy still in timid recovery: survey (08-21 18:06)
Hang Seng down on mainland data (08-21 16:31)
European stocks flat at open (08-21 15:26)
Nikkei ends on positive column (08-21 14:49)
China manufacturing sector grows slower in August: HSBC (08-21 13:41)
Hang Seng dips at midday (08-21 12:33)
Nikkei up by break (08-21 11:07)
Nikkei higher at open (08-21 10:21)

More breaking news >>

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