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Bloomberg

Barclays Faces Credit Trader Exodus Over Bonus Disappointment

(Bloomberg) — Barclays Plc has been hit by a string of departures among senior credit traders in New York and London unhappy that their bonuses failed to reflect the pandemic profit surge.The bank has offered promotions to some employees and given assurances over future pay in an attempt to address their concerns, according to people familiar with the matter, who asked not to be identified discussing private…


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