Barclays CEO defends bonus payouts amid falling profits, Guardian says Barclays CEO Antony Jenkins has chosen to defend the bank's bonus culture despite a 32% fall in profits, reported the Guardian. Jenkins is preparing to receive up to GBP1M in shares to sidestep the bonus cap. Reference Link
Barclays upgraded to Buy from Neutral at Goldman Goldman Sachs upgraded Barclays (BCS) to Buy saying the bank is positioned to benefit from less stringent leverage requirements. Goldman coupled the upgrade with a downgrade of HSBC (HSBC) to Neutral.