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Return of the fat cats? Europe's bank bonuses rise as profits rebound

Banks have added billions of dollars to bonus pools as they try to reassure restless staff they will be rewarded in 2021 after a lean 2020.

Barclays, Standard Chartered
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Britain-based Barclays increa­sed its bonus pool by 46 per cent to 1.1 billion pounds ($1.5 billion), up from 749 million pounds a year earlier

Lawrence WhiteIain Withers | Reuters London
Europe’s banks are stashing cash to pay bumper bonuses to top performers, amid a deal frenzy driven by pent up demand from the Covid-19 pandemic and rebounding bank profits.
 
Banks have added billions of dollars to bonus pools as they try to reassure restless staff they will be rewarded in 2021 after a lean 2020.
 
The planned payouts are more modest than the bonus bonanza on Wall Street, but European banks nonetheless risk a public backlash at a time when many businesses and individuals are still struggling in the pandemic, advocacy groups for fair pay said.
 
Britain-based

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