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Barclays Gives Dozens of Bankers Nothing in Grim Bonus Round

(Bloomberg) Barclays Plc is planning to hand dozens of investment bankers no bonus as the slowdown in dealmaking forces it to cut payouts for a larger-than-usual group of its lowest performers. Most Read from BloombergBiden’s Attempt to Address Memory Issue Backfires With New GaffeA 99% Bond Wipeout Hands Hedge Funds a Harsh Lesson on ChinaChina’s Property Crisis Is Starting to Ripple Across the WorldNew York City Is Considering a Laundry Pods CrackdownUkraine’s Army Chief Replaced After Rift

Barclays Gives Dozens of Bankers Nothing in Tough Bonus Round

Barclays Gives Dozens of Bankers Nothing in Tough Bonus Round
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Barclays skips bonuses for many of its investment bankers

Barclays Gives Dozens of Bankers Nothing in Grim Bonus Round

Barclays recruited dozens of managing directors and directors across the banking division, moves that further depleted the bonus pool this year, frustrating bankers who stayed.

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