The Financial Crisis Is Now Considered a Historical Period, Just Lik...

Receiving Wide Coverage ...

Barclays Restructuring: After six months on the job, CEO Antony Jenkins will announce a restructuring on Tuesday that "is expected to leave the bank's strategy largely intact," according to the Journal. The British giant's investment bank will slash 2,000 jobs, or 10% of the unit's workforce, and activities that aren't "socially useful" may get the ax, such as "transactions that have no business purpose other than reducing taxes." (Nevertheless, Barclays "will continue...