Barclays's Lucas to Retire Amid FSA Probe

Feb. 4 (Bloomberg) -- Bloomberg's Ryan Chilcote reports that Barclays Plc said Finance Director Chris Lucas, who is under investigation by the U.K.’s Financial Services Authority, will retire as soon as a successor is named. General Counsel Mark Harding will also retire. Barclays says there is no link between the retirements and the ongoing probe. He speaks on Bloomberg Television's "Countdown."
Siemens to Cut 4,500 Jobs at Underperforming Units
43:49 - Siemens, Europe’s largest engineering company, posts earnings for the second quarter and plans to cut another 4,500 jobs after announcing 9,000 job cuts in the past six months. Bloomberg’s Mark Barton reports on “Countdown.” (Source: Bloomberg)
  • Britain's Other Political Revolution
  • Everything About The U.K. Elections in 90 Seconds
  • What You Need to Know: China, Greece, U.K. Elections