Barclays to Cut 7,000 Jobs

Barclays to Cut 7,000 Jobs

Simon Dawson/Bloomberg

Barclays -- before today, down 10.5 percent this year and the worst performing bank stock in Britain -- rose as much as 6.6 percent and was up 5.7 percent at 257.05 pence as of 10:42 a.m. in London trading.