• 26 Feb 2014 at 3:37 PM
  • 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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  1. Posted by Pant Bugle | February 26, 2014 at 3:41 PM

    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.

  2. Posted by .Bo.Bo | February 26, 2014 at 3:55 PM

    Are you lost?

  3. Posted by Rebecca M. | February 27, 2014 at 11:22 AM

    I'm sorry, is that the DA price or RT?