April 19, 2019

Barclays leadership face rebuke on bonuses

LONDON (AP) — Barclays executives came under fire Friday from shareholders unhappy over their generous pay packets. Confronted by heckling and mocking laughter, the bankers defended their pay structure to a packed annual general meeting in London. One shareholder wondered why Chief Executive Bob Diamond got any bonus at all. Diamond was awarded pay, bonus […]

MF Global Execs Set to Receive Bonuses?

Via WSJ: Three top executives of MF Global when it collapsed could get bonuses of as much as several hundred thousand dollars each under a plan by a trustee overseeing the securities firm’s bankruptcy case, people familiar with the matter said. . . So customers are still out hundreds of millions of dollars, no criminal […]