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Will a bad bank & job cuts help Barclays?

Reuters Business
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May 08, 2014 AT 12:04 PM
Britain's Barclays has reined in its ambitions to be a Wall Street powerhouse, signalled a return to its retail banking roots with a plan to hive off much of its investment bank and axe one in four jobs at the division. Joanna Partridge reports looks at whether their strategy has come too late.