Barclays chief forgoes his bonus

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BarclaysCEOAntonyJenkins Reuters. Barclays chief executive Antony Jenkins.

London - British bank Barclays, which was rocked by the Libor rate-rigging scandal last year, announced on Friday that chief executive Antony Jenkins would forego his 2012 bonus after a “difficult” year.

“To avoid further unnecessary public debate on this matter, I wish to make clear that I concluded early this week that I do not wish to be considered for a bonus award for 2012, and I have communicated that decision to the board,” Jenkins said in a company statement. - Sapa-AFP


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