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Barclays To Sell Its Commodities Trading To Focus On Banking Arm

Monday, April 21, 2014 - 4:23 PMBarclays Bank Delaware - Details
Barclays is to announce on Tuesday that it is pulling out of commodities trading as its boss Antony Jenkins attempts to focus the investment banking arm on its most profitable and least controversial areas. Just days before Jenkins faces a storm of protests about bonuses at the bank's annual general meeting, Barclays will tell staff in its commodities arm that large parts of the operation are to be shut down or sold off.

Barclays to sell its commodities trading to focus on banking arm | Business | The Guardian
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