Wealth and Asset Management
Barclays feared losing talent to US banks if it took 2008 bailout, court hears
Barclays feared that a government bailout in 2008 would prevent it from paying high salaries to staff and allow American banks to poach top performers, a court heard on Tuesday. “The American banks were in much better financial position than the British banks,” Marcus Agius, the former chairman of Barclays,…
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