Barclays PLC Blames Bonds As Investment Bank Suffers Losses

Antony Jenkins, CEO of Barclays (LSE: BARC) (NYSE: BCS.US), has wielded the axe on around 19,000 jobs within the company’s investment banking division, following a staggering 41% decline in fixed-income trading operations year over year. In this investing video, Owain Bennallack explores the repercussions and where’s next for the bank…

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Owain does not own shares in Barclays.