Barclays Annual Bonuses Expected to Increase as Much as 20% (1)

Barclays Plc is set to increase annual bonuses by as much as 20% in its investment bank after an improved year for traders and advisory teams.

Staff in Barclays’s trading unit are expected to see a 5% to 10% rise in their annual awards, while bankers in debt and equity capital markets could see bonuses jump by between 10% and 20%, according to people familiar with the matter.

While final decisions on the bonus pool are still being made, staff in the investment bank are on course for markedly better payouts, the people said, asking not ...