Barclays Slashes Banker Bonuses As Activist Showdown Looms Jes Staley’s battle to save one of Europe’s last bulge-bracket investment banks from a marauding activist who is hoping to force his way onto the bank’s board during Barclay’s May 2 GAM has necessitated an abrupt about-face: After a year where Barclays poured resources into the investment …
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