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Friday, March 8, 2013

Market Chatter-Corporate finance press digest, (NYSE: BCS)

The following corporate finance-related stories were reported by media on Friday:* Barclays Plc Chief Executive Antony Jenkins has told investors that cost reduction is his absolute priority and he wants to find a way for the bank to operate with as few as 100,000 staff - a near 30 percent reduction on its current headcount.

Barclays PLC (Barclays) is a global financial services provider engaged in retail banking, credit cards, wholesale banking, investment banking, wealth management and investment management services. Shares of BCS traded higher by 2.23% or $0.41/share to $18.81. In the past year, the shares have traded as low as $9.23 and as high as $20.60. On average, 2920900 shares of BCS exchange hands on a given day and today's volume is recorded at 9359909.