Friday preview: BarCap and bonuses in focus (as usual) at Barclays

The waiving of executive bonuses has suddenly become fashionable but no one is holding their breath for Bob Diamond, Chief Executive Officer of Barclays, to announce he is forgoing his bonus when the bank announces its fourth quarter results on Friday.

The waiving of executive bonuses has suddenly become fashionable but no one is holding their breath for Bob Diamond, Chief Executive Officer of Barclays, to announce he is forgoing his bonus when the bank announces its fourth quarter results on Friday.

In terms of the boss's full-year remuneration, newspaper reports suggest the Diamond geyser could spout beyond £11m with the approval of a £2.5m bonus. It is not certain that details of the bonus pool will be announced with the results but if they are, they will almost certainly dominate coverage of the figures on the front pages of the UK press, and may even feature prominently on the City pages.

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