The chairman of Barclays on Tuesday promised a review of his bank's pay structure amid a global row over bonuses, as the group revealed its board's earnings were slashed 84 percent last year. "We very much regret what has happened to the banking sector and to Barclays' share price in particular," said group chairman Marcus Agius as the ...

There are still plenty of institutional investors that huff and puff about corporate governance and excessive risk, but in the end just want the money. Never was this more stark than in the Barclays fundraising in the Middle East. We hear shareholders are angry that bosses John Varley and Bob Diamond have come to rely on petro-dollar backers rather than ...

The government may have no concrete plans about how it will rein in the pay of bank bosses - and curbing the cash paid out to those below the most senior levels will be even more challenging. In all publicly quoted companies, such as Lloyds TSB and Barclays, directors' pay has to be spelled out in an annual report on which ...