REUTERS/Toby Melville
- Barclays plans to cut bonuses for underperforming investment bankers amid a capital markets slump.
- The plan could lead to more departures after pay cuts and restructuring shook the bank.
- Barclays' stock has lagged behind rivals, which some say is due to its bloated investment banking arm.
Dozens of investment bankers at Barclays might have to go without bonuses this year.
Barclays, facing a slump in capital markets activity, is expected to cut payouts for its lowest-performing bankers, Bloomberg reported, citing people familiar with the matter.