Barclays to cut pay by $890 million over scandals

Britain’s Barclays (BARC.L) plans to cut or claw back about 450 million pounds ($680 million) of pay from its staff over a rate-rigging scandal that last year forced out its chief executive and chairman, a person close to the matter said on Wednesday. About another 140 million pounds ($212 millio…

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Barclays to cut pay by $890 million over scandals

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