Barclays cuts

UK-based Barclays plans to cut as many as 2,000 jobs in its investment bank as part of a broad restructuring of the company, the Wall Street Journal reported late yesterday, citing sources.

Stream this!

Redbox Instant by Verizon, the digital movie venture preparing to start service, gained rights to stream films from Paramount Pictures, Metro-Goldwyn-Mayer and Lionsgate, a step toward competing with Netflix.

Cold cash

Jefferies Group, the investment bank selling itself to Leucadia National, will pay employees year-end bonuses in immediately available cash.

MetLife deal

MetLife received conditional approval to sell $6.5 billion of bank deposits to General Electric.

To the jury

The jury in the insider trading trial of Level Global Investors co-founder Anthony Chiasson and Diamondback Capital Management portfolio manager Todd Newman was handed the case to begin deliberations yesterday in Manhattan federal court.