Barclays to cut 750 jobs in deal with Legal & General

Barclays bank in Britain is to close its life insurance division with the loss of 750 jobs as a result of a new partnership with Legal & General.

Barclays to cut 750 jobs in deal with Legal & General
Tue, 16 Jan, 2001 - 10:13

Barclays bank in Britain is to close its life insurance division with the loss of 750 jobs as a result of a new partnership with Legal & General.

Over the next 18 months, existing Barclays insurance and pensions business will be transferred to Legal & General.

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