Barclays to create 600 jobs amid banking redundancy wave

The news will be a welcome respite for the financial services sector after 3,500 job cuts at RBS and 600 at Standard Life. New roles at Barclays will be created using a possible £6.6m grant from Scottish Enterprise. The funding is dependant on Barclays meeting a number of conditions over the next few years, and could lead to the bank employing over 2,000 people in Scotland. In Glasgow, Barclays plans to establish a global shared services hub to support its investment banking and wealth management divisions. "Scotland has a long-established reputation as a global financial centre wi...