Friday, February 1, 2013

The Full Feed from HuffingtonPost.com: Barclays CEO To Give Up Bonus After Series Of 2012 Scandals

The Full Feed from HuffingtonPost.com
The Full Feed from HuffingtonPost.com
Barclays CEO To Give Up Bonus After Series Of 2012 Scandals
Feb 1st 2013, 14:22

LONDON (AP) — The chief executive of Britain's scandal-hit Barclays bank says he's giving up his 2012 bonus amid a string of high-profile scandals over mis-selling products and market-fixing.

Antony Jenkins' was entitled to a maximum bonus of 2.75 million pounds ($4.35 million), or 250 percent of his 1.1 million pound salary.

His decision follows a year in which Barclays' reputation has been badly battered.


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