Decision could cost banker €22.7m as lender says former boss must now forfeit £17.8m in deferred pay and bonuses on top of £1.8m fine by regulator
Jes Staley
Move may quell backlash against bosses over previous support of former chief Jes Staley on alleged links with Jeffrey Epstein
Lawyers claim the lender was deceived by former top executive, who allegedly protected Epstein’s relationship with the bank
Markets advance amid expectations of rising interest rates
British lender moves on basis of preliminary findings of regulators’ investigations
Strong performance showed the value of Barclays’ US business
Pandemic has fuelled use of credit services such as Klarna
American bank says in a memo that more workers will come to its London and Bournemouth sites from June 21st
Sherborne Investors sells out after failing to oust chief executive and shrink investment bank
Office life unlikely to return to pre-pandemic norms even as some banks push to have more staffers back
Analysts predict provisions to rise to £5.79bn for the full year
Supports needed or else employees will ‘likely carry the burden of extra expenses’
‘We are the doctors of the economy,’ says one bank boss
Jes Staley expected to stand down by end of next year
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