Barclays Plc gave Robert Diamond as much as 10.1 million pounds ($ 16.5 million) in salary, bonuses and stock, making him the U.K.’s top-paid bank chief executive officer as the government presses lenders to curb remuneration.
BusinessWeek.com — Finance
Chancellor of the Exchequer George Osborne increased a tax on U.K. bank balance sheets to raise an extra 800 million pounds ($ 1.3 billion) as he continues to press lenders to boost lending targets and curb pay.
BusinessWeek.com — Finance
Barclays Capital Securities Ltd. was fined by the U.K. for failing to put as much as 752 million pounds ($ 1.19 billion) a day in client money into protected accounts that were separate from its own money-market deposits.
BusinessWeek.com — Finance
Advent International Corp. agreed to buy Priory Group Ltd., the U.K. operator of mental-health and addiction clinics, from Royal Bank of Scotland Group Plc for an enterprise value of as much as 925 million pounds ($ 1.47 billion.)
BusinessWeek.com — Finance
Henderson Group Plc agreed to buy Gartmore Group Ltd. for about 335.3 million pounds in stock.
BusinessWeek.com — Finance
John Lewis Partnership Plc said weekly sales at its U.K. department stores rose 30.6 percent to 97.1 million pounds in the period ending Dec. 25 compared with last year.
BusinessWeek.com — Finance
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