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Bah Humbug As Top Firm Proceeds With Big Pre-Christmas Cull

The Grinch

It was a story that briefly warmed the cockles of our hearts. The New York Post reported Thursday that Barclays Capital, no doubt concerned about giving staff bad news as we approach the season of goodwill, was not going to tell those 3,000 employees selected for the chop until after the Christmas break (the firm is in the midst of a downsizing initiative following its recent acquisition of Lehman's US businesses).



Pot Of Gold

European Bank CEO pay surges in 2013

Chief executives in some of Europe's biggest banks saw huge gains in their pay packets in 2013, with a number of bosses seeing hikes in excess of 10 percent from the previous year, data compiled exclusively for CNBC reveals.