New Barclays Chair Backs Bonus Cuts
David Walker, the new chairman-elect of Barclays, told a parliamentary hearing looking into the recent scandal to manipulate the London Interbank Offered Rate that banks should eliminate bonus incentives to sales staff and should do a better job of disclosing compensation figures.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ European securitization issuance database
- ✔ Daily newsletters across markets and asset classes
- ✔ 1 weekly securitization podcast