Banks set to make more redundancies

Aaron Strutt Image
Barclays is set to axe 3,700 jobs mainly in their investment bank division and across Europe in their retail and business arms. Barclays is taking action to repair their reputation and profits after compensating customers for the mis-selling of protection insurance and the on-going LIBOR scandal. Santander is also set to make 800 investment advisors redundant after they were summoned to a meeting on Wednesday. February 15, 2013
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