Monday, February 9, 2009

BarclaysWatch

Reports are circulating that Barclays PLC, the owner of Barclays Capital (which inherited parts of Lehman Brothers in September) is set to reduce 2008 bonuses by 50%.

Bonuses for 2008 at Lehman would have been paid in the next week or two and most ex-Lehman employees have already been given "a number" so this should be interesting.

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