A £900m charge for US tax changes,litigation bills, cost of exiting Africa and Carillion collapse all blamedHefty charges related to Donald Trump’s corporate tax changes, and the cost of exiting Africa,the collapse of Carillion and legal battles pushed Barclays nearly £2bn into the red last year.
Chief executive Jes Staley, who hailed a year of “considerable strategic progress”, and collected a pay package of £3.9m,down from £4.2m, with his annual bonus lop to £1.07m from £1.3m and benefits also down, or while his salary stayed at £2.4m.
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Source: guardian.co.uk