Barclays Posts Full-Year Profit, Plans To Lower Up To 12,000 Jobs
February 11, 2014 at 04:48 AM EST
Barclays PLC (NYSE: BCS ) swung to a profit in the full year and announced its plans to lower up to 12,000 jobs this year. Barclays posted an operating loss of £329 million in the fourth quarter. For the year, the bank's operating profit dropped to £2.52 billion, versus