Barclays Bonus Pool Shrinks Following Revenue Slump
· 10.02.2024 · 15:43:00 ··· ··· Saturday ·· 6 (6)
Bloomberg Markets and Finance Barclays Plc is planning to hand dozens of investment bankers no bonus as the slowdown in dealmaking forces it to cut payouts for a larger-than-usual group of its lowest performers. Executives are also planning to shrink the firmwide bonus pool amid a persistent slump in dealmaking and capital markets activity, according to people familiar with the matter. Bloomberg's Jennifer Surane reports.
For more on this story, please see: https://www.bloomberg.com/news/articles/2024-02-09/barclays-hands-dozens-of-bankers-no-bonus-complicating-rebuild
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