After firing its chief executive Antony Jenkins this month, Barclays plans to cut 30,000 jobs within two years. After The Finance Conduct Authority’s supervisory team conducted 186 visits to Barclays in 2014, the most among the biggest British banks. The bank sought the only way to address its chronic underperformance and double its share price is to cut more than 30,000 jobs by the end of two years.

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