Topic: Antony Jenkins

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  • Barclays to cut 3700 jobs following interest rate scandal

    Barclays will cut at least 3,700 jobs in a major restructuring, the bank said Tuesday. The layoffs follow a scandal-ridden year for Barclays, which was was forced to pay a $453 million fine for manipulating a key market interest rate that serves as the basis for trillions in mortgage loans.