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Barclays joins rivals with cuts to CEO pension perks

FILE PHOTO: Barclays' CEO Jes Staley arrives at 10 Downing Street in London
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LONDON (Reuters) - Barclays is planning to cut the 396,000 pounds pension allowance it pays Chief Executive Jes Staley by around half, echoing moves by rivals who have pledged to rein in executive pension perks following a campaign by investors.The British lender is consulting shareholders on the proposal in a review of its remuneration policy to be voted on at the bank's annual meeting next..
Date Published: Nov 28, 2019
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