Bonus payments to Barclays executives to be deferred

It has been announced recently that the High Street bank Barclays has decided that it will be deferring bonus payments that were to be made to banking executives for up to three years. This means that directors and senior staff at Barclays will have to wait up to three years to get their bonuses, which are likely to be paid in the form of shares that are staggered up until 2013. Read more

Tags: G20, United Kingdom, barclays, bank bonuses, bank executives

Family values needed by banks says PM

In a speech that will be made at St Paul’s Cathedral in London, the Prime Minister, Gordon Brown, is to appeal to banks and the financial industry to instil more family type values. Read more

Tags: family values, G20, G20 world summit, gratification, work, back, business people, bank