Bloomberg Barclays Plc Chief Executive Officer Jes Staley received a bonus of 1.3 million pounds ($1.6 million) for his first year in charge after hitting almost two-thirds of his targets, as he reshaped the bank and disposed of unwanted assets. Staley, 60, was awarded 60 percent of his maximum bonus opportunity for the year, giving him a total pay ...

  Bloomberg Lloyds Banking Group Plc jumped to the highest level since the Brexit vote after it boosted the dividend and said lending margins would hold up amid record-low U.K. interest rates. Shares in Britain’s largest mortgage lender climbed as much as 4.1 percent to their highest price since June 23. Excluding one-time charges, pretax profit rose 2 percent to ...

  Bloomberg The Bundesbank may be about to put a price tag on the European Central Bank’s exit from unconventional stimulus. The German central bank is bracing for losses that may be triggered when the ECB eventually unwinds its bond-buying program and raises interest rates, and President Jens Weidmann has the opportunity to address the matter when he presents his ...