BARCLAYS has docked the pay of some top executives by a combined £1 million (S$1.6 million) in 2022, following regulatory misteps and a costly overissuance of billions of US dollars worth of investment products in the United States.
- Advertisement -
Most Popular
Big US banks set to temper bond sales after strong 2026 debut
Sales will occur after the six firms release first-quarter results
Italy’s UniCredit says no plans to liquidate Russian business
CEO Andrea Orcel has said Italy’s second-largest lender will not damage its shareholders by exiting Russia at a loss
US Fed seeks details on US banks’ exposure to private credit firms
A growing chorus of international regulators have been warning about the risks of private credit
