NewsDaily: Barclays cuts 1000 jobs, focus on returns sharpens

LONDON, Jan. 26, 2011 (Reuters) — Barclays Plc is to cut about 1000 UK jobs as it stops offering financial planning advice in its branches, in further evidence the bank is sharpening the knife on areas of sluggish profitability. ... NEW YORK, Jan. 5, 2011 (Reuters) — Barclays Plc won the dismissal of a lawsuit brought by U.S. investors seeking to recover losses from the British bank's alleged failure to disclose and properly account for its real estate exposure. ...

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