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Barclays planning to jettison 7,000 'less profitable' clients as capital rules hit hard

Tuesday, December 20, 2016 - 05:50

London

BARCLAYS Plc is preparing to tell 7,000 clients to do more trading with the firm or find another bank, the latest move in an industrywide trend of winnowing down customer lists to the ones that produce significant profits.

The British bank launched a new computer system,

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