Reuters: Business News: Barclays to cut pay by $890 million over scandals: source

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Barclays to cut pay by $890 million over scandals: source Feb 27th 2013, 15:27 LONDON (Reuters) - Britain's Barclays plans to cut or claw back about 450 million pounds ($680 million) of pay from its staff over a rate-rigging scandal that last year forced out its chief executive and chairman, a person close to the matter said on Wednesday.

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