Barclays 'to close 400 branches'

Updated
Barclays to close branches
Barclays to close branches

Barclays will close a quarter of its 1,600 branches in the UK and cut hundreds of investment banking jobs as it aims to slash costs to meet targets, it is reported.

The bank will replace around 400 branches with smaller sites in Asda supermarkets, the Financial Times said.
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