Key Points
NEW YORK, Oct 4 (Reuters) - Barclays Plc (BARC.L) initiated layoffs this week targeting 3% of its global investment banking workforce, people familiar with the matter said on Wednesday, as it attempts to streamline its franchise after a tumultuous year...
The terminations are part of a an annual review that also spans trading and research, the sources said..
In the technology investment banking team in San Francisco, three senior bankers and one junior banker were notified on Tuesday they were being let go, the sources said...
After starting with Reuters in Bangalore in 2009, Anirban left in 2013 to work as a technology deals reporter in several leading business news outlets in India, including The Economic Times and Mint..
Anirban rejoined Reuters in 2019 as Editor in Charge, Finance to lead a team of reporters, covering everything from investment banking to venture capital..
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