Barclays Shares Fall As Bank Lays Off 12,000 And Increases Bonuses For Top Staff
February 11, 2014 at 12:13 PM EST
Shares of U.K. bank,Barclays PLC (NYSE: BCS ), fell nearly seven percent Tuesday on word the bank posted a £329 million ($539 million) loss in the fourth quarter and was poised to cut up to 12,000 jobs this year while at the same time increasing bonuses for top