Barclays: profits down? Fire staff, hike bonuses.

Guardian: “Mark Carney has stepped into the row about bankers’ bonuses with a demand that a large chunk of the pay packages for senior staff should be deferred “for a very long time”.
“Interviewed on the BBC’s Andrew Marr Show, the governor of the Bank of England said a change in compensation structures was needed so that banks could see whether employees had taken undue risks or behaved badly.
Carney’s comments followed news last week that Barclays was paying bigger bonuses despite announcing plans to shed staff in response to a fall in profits.”