Investment Banking: Losing its Luster?

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<p>[Barclays</a> vows fresh course, axes 3,700 jobs | Reuters](<a href=“http://www.reuters.com/article/2013/02/12/us-barclays-review-idUSBRE91B00320130212]Barclays”>Barclays vows fresh course, axes 3,700 jobs | Reuters)</p>

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Barclays vows fresh course, axes 3,700 jobs</p>

<p>(Reuters) - Barclays’ new chief executive pledged a fresh course for the British lender on Tuesday, axing at least 3,700 jobs and pruning its investment bank as he seeks to rebuild its reputation and boost profitability after a series of scandals.</p>

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