Barclays Pays Managers $61 Million in Bonuses After Libor – Bloomberg 03-20-13

Salient to Investors:

Barclays paid 9 senior executives $61 million in bonuses, less than a year after the bank was fined for manipulating benchmark interest rates. Barclays awarded 428 workers more than 1 million pounds in 2012, versus 473 in 2011. 45 percent of all investment-bank employees got no bonus for 2012.

Read the full article at http://www.bloomberg.com/news/2013-03-20/barclays-pays-top-managers-61-million-in-bonuses-after-libor.html

 

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