August 13, 2019

“Barclays cut the amount it set aside for bonuses by 23 per cent in the first half of the year as chief executive Jes Staley exerts a tighter grip on pay in a push to hit the bank’s profitability target. […] It was the lowest amount allocated to the bonus pool in a first half since 2016, when Mr Staley started rebuilding the investment bank following a push by his predecessor to scale back the unit.”

Financial Times
August 13, 2019

“(T)ough job market…meant there was less risk that disappointed Barclays employees would quit.”

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Reputation risk: peril of stakeholders’ disappointment and anger.

For a broader view of reputation risk, discover additional articles by Steel City Re here, mentions of Steel City Re here, and comments on newsworthy topics by Steel City Re here.

Risk governance and management, risk financing in insurance captives, and risk transfer through reputation insurances comprise the constituent elements of a comprehensive enterprise reputation risk solution.

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