Banks

Layoffs Watch ’14: Barclays

The last handful of traders standing at the power-trading desks are standing no more.

Barclays PLC is shutting down its U.S. and European power trading desks, continuing a retreat begun last year while it fights a $435 million market manipulation claim by U.S. regulators….

The unit employed fewer than 10 people globally, according to a person familiar with the matter.

Barclays Closes U.S., Europe Power Trading Desks [WSJ]

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3 Responses to “Layoffs Watch ’14: Barclays”

  1. Pant Bugle says:

    It wasn't bigots that said that…it was democrats who ran slavery, jim crow and segregation.
    If the democrats did not need black votes then blacks would be treated as conservatives are today.

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