Legal Business

Barclays slashes number of firms by over 60% in global review

DLA Piper misses out as bank sets out new categories

Barclays picked a raft of firms, including Clifford Chance, Ashurst, Simmons & Simmons, Hogan Lovells and Reed Smith, as the banking giant overhauled its global roster last month and slashed its number of go-to advisers by over 60%.