Barclays is expected to announce thousands of additional job cuts as part of a radical restructuring of the bank.
The job losses are likely to impact Barclays' investment banking arm, which faces losing over a quarter of its staff by the time the reforms are complete.
The figures are expected to be in addition to the 10-12,000 jobs the bank had indicated it would cut after it published full-year results in February.
More top news
For one young Australian, Santa Claus brought the greatest present of all this Christmas - the gift of life.
Essex Police removed 220 guns from people with firearms licenses who were suspected of domestic violence in a bid to prevent murders.
A grieving mother says her faith in humanity is restored after a stolen laptop containing photos of her dying daughter was returned to her.