Salz attacks warped top pay at Barclays

williams11-150x150Financial Times (subscription required)
Mark Williams, School of Management

Barclays should lower warped pay levels, end the bank’s “entitlement culture” and usher in a spirit of “transparency and candour” if it is to win back trust, according to a long-awaited review of the bank’s flawed culture and values…

Expert quote:

“It is disturbing to see that Barclays needed to pay out $25m of shareholder funds for a report that documented their corrosive culture that put profits over people.”

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