Big pay ‘made Barclays bosses feel above rules’
Barclays, the UK’s second-largest lender by assets, paid investment bankers bonuses "incapable of justification" as employees focused on revenue at the expense of clients, according to an internal report. In the report commissioned by the bank after it was fined £290m for manipulating Libor in June, Rothschild vice-chairman Anthony Salz…
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