Bankers at Barclays Await Pay Boost Announcement

The HeraldFebruary 14, 2011

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Summary


BANKING giant Barclays is this week expected to announce that it has handed an even bigger share of revenues to its investment bankers.

While individual bonuses at Barclays Capital may have been cut by as much as 10%, news-paper reports said the overall compensation pool covering pay and incentives will have risen to about 40% of BarCap revenues.

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Extract


Bankers at Barclays Await Pay Boost Announcement

The Sunday Times reported that Barclays will say that it has reduced bonuses for British bankers in line w...

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