BARCLAYS chief executive Bob Diamond is to give up his bonus this year after the bank agreed to pay out £290 million to settle an international regulatory investigation.
BARCLAYS chief executive Bob Diamond is to give up his bonus this year after the bank agreed to pay out £290 million to settle an international regulatory investigation.
BOB DIAMOND: Said he would forgo his bonus over the payout.
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SIMON BAIN
Mr Diamond, who was awarded £2.7m in 2011, and three senior executives agreed to waive their annual rewards as Barclays admitted its traders had manipulated interest rate setting over a four-year period.
It comes amid calls for Royal Bank of Scotland chief executive Stephen Hester to give up his bonus after thousands of the group's NatWest, RBS and Ulster Bank customers were hit by a computer glitch.
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