Investment Banking

Barclays slashes bonus pool after 2011 profit fall

10 Feb 2012

Barclays PLC revealed Friday that it is slashing its bonus pool after earnings at its investment banking division fell sharply and dented overall profitability.The bank said it was taking the action as ...

Barclays Profit Hit By Investment Banking Woes; Cuts Bonus Pool

10 Feb 2012

Barclays Plc's quarterly profit more than halved, reflecting the impact of difficult market conditions on its investment banking arm, Barclays Capital, and the newly introduced UK bank levy. The company has cut the bonus pool at Barclays Capital by 32 percent in 2011, helping it lift its cost reduction target. The British bank sees improvement in the beleagured division in the new year, but ...

Barclays Full-Year Profit Falls 16% on Investment Banking

10 Feb 2012

Barclays Plc, the 322-year-old British bank, said full-year profit fell 16 percent as investment-banking revenue shrank.