Barclays chief executive Antony Jenkins has rejected his bonus package for 2012, saying it would be wrong for him to accept it after a year in which scandal engulfed the bank.
He said 2102 was "clearly a difficult one for Barclays and its stakeholders, with multiple issues of our own making besetting the bank. "I think it only right that I bear an appropriate degree of accountability for those matters and I have concluded that it would be wrong for me to receive a bonus for 2012 given those circumstances." Barclays was heavily criticised for its involvement in the LIBOR scandal this summer and fined £290m in total by UK and US regulators. Previous chief executive Bob Diamond left the firm in August after appearing before the Treasury Select Committee to ...
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