Investment Banking

Barclays plans hundreds of job cuts within its investment bank

Barclays has put hundreds of roles under review following a strategy shift

Barclays investment bank job cuts follow a strategy review at the UK lender
Barclays investment bank job cuts follow a strategy review at the UK lender Photo: Bloomberg via Getty Images

Barclays is preparing a fresh wave of job cuts that will affect hundreds of employees within its investment bank, according to reports.

The UK lender, which unveiled a strategy revamp in February in a bid to boost returns and cut costs, will strip out hundreds of roles across investment banking, research and markets, Bloomberg reported.

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