Barclays in 'No Bonuses' Move to Pacify Investors

Summary


BARCLAYS executive directors will not receive an annual bonus this year as the bank seeks to pacify investors over its pounds 7bn fundraising.

The bank also announced all board members, including chief executive John Varley and investment banking boss Bob Diamond, are to be put up for re-election at its AGM next April.

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Barclays in 'No Bonuses' Move to Pacify Investors

The announcement follows criticism of Barclays' plan to raise m...

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