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Investors frustrated by rising bank bonuses


In February, Barclays said it raised bonuses at its investment banking division by 13% in 2013 even as its profits fell. Banks are failing to rein in excessive payouts for staff despite a public backlash against a bonus culture blamed for contributing to the financial crisis of 2008 - Reuters Photo.

In February, Barclays said it raised bonuses at its investment banking division by 13% in 2013 even as its profits fell. Banks are failing to rein in excessive payouts for staff despite a public backlash against a bonus culture blamed for contributing to the financial crisis of 2008 - Reuters Photo.


LONDON: Banks are failing to rein in excessive payouts for staff below the boardroom level despite a public backlash against a bonus culture blamed for contributing to the financial crisis, say leading investors.

   

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