Barclays has lost a quintet of FIG bankers over the last month — and it shows how Jes Staley's bonus cuts may be affecting morale

Aug 19 2019 by Business Insider

 

Barclays has lost five investment bankers from its Americas financial institutions group in the last month or so. The bankers left due to a variety of individual factors, though some included the British bank's efforts to cut compensation costs in order to meet a year-end profitability goal.  Click here for more BI Prime stories.

Looks like Tim Throsby may have been right. 

In March, the former Barclays exec sent an email to his ex-boss and Barclays CEO, Jes Staley, over what Throsby...

Continue Reading Barclays has lost a quintet of FIG bankers over the last month — and it shows how Jes Staley's bonus cuts may be affecting morale