The latest move to close the private banking business will eliminate the positions in the respective countries, and will enable the Londoner bank to trim operational cost and boost profitability of the operation.
Currently, the bank offers wealth management services in 200 nations across the globe.
Barclays spokesman was quoted by Reuters as saying, "This is part of our new strategy, focusing on reducing complexity and competing where we can win."
"We don’t expect overall global headcount to change significantly, but some roles will fall away as a result of new segmentation and investment in technology," the spokesman told the news agency.
In April this year, the bank presented a restructuring plan of its wealth management operations, so that it could focus on retail and corporate banking divisions.
Barclays is engaged in personal banking, credit cards, corporate and investment banking and wealth and investment management, trades in more than 50 nations and has a work force of circa 140,000 staff.
