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Barclays to slash dealmaker bonuses after Wall Street banks pull back on pay
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fnlondon.comBarclays is set to cut bonuses for dealmakers by up to 40% this year, following Wall Street rivals by squeezing pay for investment bankers after a slump in fees.
The UK lender is set to reduce bonuses for senior dealmakers by 30-40%, depending on business line and location, according to conversations with senior bankers.
Barclays will communicate...
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