Tag: Bob Diamond

We don’t yet know how much Bob Diamond was paid for running Barclays last year.  We do know the bank will cap cash bonuses at £65,000 (about $100,000), joining a growing list of banks that have bowed to shareholder and public pressure to curb payouts. Barclays could have reported Diamond’s compensation yesterday, but it decided to stick with the tradition of announcing it when the bank’s annual report is released next month.  By waiting, Barclays missed a chance to underscore its commitment to shareholder value, and it left Diamond himself in t... Read More