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Barclays’ investment bankers have fallen out of the Premier League

  • 📰 The Guardian
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  • Publisher: 53%

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In 2009, Bob Diamond and BarCap were the financial sector’s Man Utd. Now investors want the unit brought to heel

Cast your mind back a decade, to the spring of 2009. The UK was four months into its first recession in 18 years, the banking crisis had reached its zenith – or perhaps its nadir – and Manchester United were on the verge of winning the Premier League title.

 

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Barclays cuts bonuses for investment bankers as profits slidePre-tax profit of £1.5bn between January and March is down from £1.7bn a year earlier Our thoughts and prayers. RT : Barclays cuts bonuses for investment bankers as profits slide
Source: The Guardian - 🏆 84. / 53 Read more »