Barclays

Unlike Antony Jenkins, the rest of Team Barclays will be accepting bonuses this year, thanks. Read more »

  • 03 Feb 2014 at 1:52 PM

No Bonus For Me, Thanks: Barclays CEO

Reuters reports that for the second year in a row, Barclays Chief Executive Officer Antony Jenkins has turned down the bonus offered to him. This time around, he said that it would be inappropriate to take the money, in light of “the bank’s hefty bill to pay for past problems.” All of this probably comes as a surprise to another CEO, whose name shall not be mentioned, who thought they agreed to put up a united front re: bonus accepting in the face of legal fees, be they Libor, whale, mortgage, or alternate side parking ticket-related, and who at this moment is angrily dictating an email thanking Jenkins for making him look like a Grade A Jackass. Read more »

  • 28 Jan 2014 at 2:41 PM
  • Banks

Barclays May Have Better Ways To Spend £40 Million Per Year

Sure, it’s great to have your name attached to the world’s most popular sporting league. But in light of recent issues, not Bob Diamond & co. may just choose to lie low for a while. Read more »

  • 17 Jan 2014 at 12:28 PM

Role-Based Pay Watch ’14: Goldman Sachs

Goldman Europe sees your bonus caps and raises you this: Read more »

With banks’ new labor-friendly rules, they may soon be gone. Read more »

  • 06 Dec 2013 at 2:06 PM

Bob Diamond To Have A Little Chat Re: Libor

Former Barclays boss Bob Diamond and other past executives at the British bank are set to be called as witnesses next year in a court case relating to the alleged manipulation of Libor interest rates. Barclays is being sued for up to 70 million pounds ($114 million) by Guardian Care Homes, a UK residential care home operator, which alleges the bank mis-sold it interest rate hedging products that were based on Libor…A UK judge on Friday refused Barclays’ attempts to adjourn the trial, which is due to start in April. [Reuters]

  • 01 Nov 2013 at 5:16 PM

Suspension Watch ’13: Barclays, UBS

A whole bunch of currency traders have been asked to take 5. Read more »