Barclays Layoff Thousands, Plans To Reduce Leverage

Jefferies analysts assign a Buy rating to Barclays PLC (NYSE:BCS) (LON:BARC) despite the bank reporting a drop in its fourth-quarter earnings.

Barclays PLC (NYSE:BCS) (LON:BARC) reported a drop in its fourth-quarter earnings amid rising costs and a decline in its investment banking business.
Barclays' leverage reduction plan
Joseph Dickerson and team at Jefferies point out that in regard to the leverage plan, Barclays PLC (NYSE:BCS) (LON:BARC) has announced a net £60 billion of further exposure reduction by . . .


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