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Barclays Capital’s 9% Pay Cut Criticized – Bloomberg

February 10th, 2012 | 11:52 PM | by By BLOOMBERG NEWS |

Barclays Capital's 9% Pay Cut Criticized
Bloomberg
Barclays Capital, the securities unit of Barclays Plc (BARC), cut the amount it paid to employees by 9 percent in 2011, drawing criticism from investors as investment banking profit shrank. The unit gave employees an average of 203750 pounds ($322150), …

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