Barclays will shed 7,000 jobs at its investment bank and plans to sell retail banking operations in mainland Europe. Photo: Bloomberg

Was Barclays the problem, or its business model?

Long-time goal to be a global universal bank ultimately failed because of inadequate profits

Topic |   Barclays Bank

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Barclays will shed 7,000 jobs at its investment bank and plans to sell retail banking operations in mainland Europe. Photo: Bloomberg
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