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Asia

Asian bankers upbeat despite Barclays taking an axe to IB

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Barclays has announced plans to take an axe to its investment banking operations, a move which will see 7,000 job cuts across the globe by 2016. The restructuring will also see a streamlining of the bank’s Asian operations, but despite the expected downsizing, bankers are not expecting any massive upheaval just yet.

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