According to Dealbreaker’s Doyenne, Bess Levin, bonus conversations are said to be going down at Barclays Capital this afternoon, after the close. So, no details yet, but in the meantime, a few things to consider:
1. Expectations from the front lines include “immense disappointment” and “overall bitterness.”
2. The bank said last Thursday that, in addition to holding conversations re: bonuses this week, that it would “eliminate 5 percent of its senior bankers,” so pick door 1 or 2 wisely.
3. The bank also said that those spared can look forward to their overall compensation being down at least 30 percent. Bob Diamond dares you to be a prick about it.
4. BD’s Rolodex of college kids, chomping at the bit…
Read more at http://dealbreaker.com/2012/02/bonus-watch-12-barclays/#more-66990
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