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Barclays to slash CEO's fixed pay
Barclays plans overhaul of CEO CS Venkatakrishnan’s pay
Barclays is proposing to overhaul how it pays its chief executive CS Venkatakrishnan in a move that would slash his fixed pay but hand him £9mn if the lender hits its profitability targets.
Barclays proposes higher bonuses, lower fixed pay for CEO, Sky News reports
(Reuters) -British lender Barclays is proposing a revamp of pay packages earned by its CEO and finance director, with higher bonuses on offer for outperformance in exchange for lower fixed pay, according to a Sky News report on Thursday.
Barclays to slash CEO's fixed pay as package capped at £14m
Barclays is proposing to slash the fixed pay it hands to its chief executive each year as part of an overhaul of his remuneration package that will see his maximum earnings capped at just over £14m.Sky News has learnt that Barclays has this week written to its largest shareholders to notify them of detailed proposals that will change the way it pays CEO CS Venkatakrishnan and group finance director Anna Cross.
1h
Barclays rises Thursday, outperforms market
Barclays PLC BARC shares rose 1.67% to £2.99 Thursday, on what proved to be an all-around great trading session for the stock ...
2d
Barclays' head of securitized products Eichel steps down
Barclays' global head of securitised products Scott Eichel is leaving, the bank's spokesperson said on Tuesday.
2d
on MSN
Barclays says ‘buckle up’ for near-term volatility under new Trump administration
Barclays warns of potential short-term volatility in the markets as investors navigate Trump administration policies.
7h
Barclays Reaffirms Their Hold Rating on Ally Financial (ALLY)
In a report released today, Jason Goldberg from Barclays maintained a Hold rating on Ally Financial (ALLY – Research Report), with a price ...
3d
Barclays-Santander UK is a matter of when, and how
If Banco Santander’s Ana Botín wants to sell her British retail business, there’s an obvious buyer: Barclays boss C. S.
2d
Barclays ups mortgage rates - as one broker calls for Government to intervene to avoid 'messy recession'
The move by Barclays follows hot on the heels of mortgage rate rises from Santander, HSBC, TSB and Leeds Building Society.
Business Times
15h
Barclays sees heightened competition in India from Japan banks
A RENEWED push by Japan’s biggest banks and other global lenders in India is driving down loan prices with the new players ...
3d
Nationwide, Barclays and Chase to make bank account changes in weeks – see if you’re affected
NATIONWIDE, Barclays and Chase are all making major changes to their bank accounts in the next few weeks. All three are ...
2d
Barclays rises Tuesday, outperforms market
Shares of Barclays PLC BARC advanced 1.40% to £2.96 Tuesday, on what proved to be an all-around positive trading session for ...
1d
Barclays CEO ‘Very Happy’ With Bankers, Traders Notching Gains
Barclays Plc is preparing for a wave of dealmaking on both sides of the Atlantic as newly installed President Donald Trump ...
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