Standard Chartered plans to hire at least 1,000 more staff in Africa in the next couple of years, an increase of more than 10 percent, even as its expansion elsewhere has slowed.
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Barclays Plc has this week cut several hundred jobs in its investment bank as part of its plan to shrink the business by 7,000 staff over the next three years to save costs, people familiar with the matter said.
Britain's Barclays (BARC.L) reined in its ambitions to be a Wall Street powerhouse on Thursday and signaled a return to its retail roots with a plan to hive off much of its investment bank and ax one in four jobs at the division.
