Barclays Bank Doles Out Bonuses As Profits Dip And Jobs Cut – ValueWalk Premium

Barclays Bank Doles Out Bonuses As Profits Dip And Jobs Cut

As Barclays PLC (NYSE:BCS) (LON:BARC) agrees to settle record fines for rigging markets,  and the firm’s litigation provisions increased 142% in 2013, it nonetheless found the courage to provide its 12 most senior executives $53 million (31.8 million pounds) in bonuses.

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