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“I am aware of considerable speculation about, and public interest in the question of whether I will be awarded a bonus in respect of my performance in 2012,” Jenkins said in a brief company statement.
“To avoid further unnecessary public debate on this matter, I wish to make clear that I concluded early this week that I do not wish to be considered for a bonus award for 2012, and I have communicated that decision to the board.
“The year just past was clearly a very difficult one for Barclays and its stakeholders, with multiple issues of our own making besetting the bank. I think it only right that I bear an appropriate degree of accountability for those matters, and I have concluded that it would be wrong for me to receive a bonus for 2012 given those circumstances.”
Earlier last month, Jenkins had ordered all Barclays employees to sign up to a new ethical code of conduct or quit, as he seeks to draw a line under last year’s damaging Libor affair. -AFP.
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