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Barclays to cut at least 70 jobs in Asia investment banking -sources

Thu, 24th Jan 2013 07:50

HONG KONG, Jan 24 (Reuters) - Barclays Plc isfiring at least 70 people from its Asian investment bankingdivision, sources familiar with the matter told Reuters onThursday.

A spokesman for the bank declined to comment.

The cuts form part of a firm-wide strategic review initiatedby Chief Executive Antony Jenkins, who took over in August afterthe departure of Bob Diamond when the bank was fined forinterest-rate rigging.

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