Bloomberg News

Barclays Says Diamond, Ricci, Del Missier, Lucas to Forgo Bonus

June 27, 2012

Barclays Plc, the U.K.’s second- largest bank by assets, said Finance Director Chris Lucas, Chief Operating Officer Jerry Del Missier, Chief Executive Officer Robert Diamond and Rich Ricci, head of the lender’s investment banking unit, will forgo their annual bonuses this year.

The decision comes as the lender agreed to pay 290 million pounds in penalties to settle U.S. and U.K. probes into whether it sought to rig the London interbank offered rate.

The company commented in a statement today.

To contact the editor responsible for this story: Howard Mustoe at hmustoe@bloomberg.net


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