Do you feel your bank is spitting in your face in thes credit-crunch times? Well you are not alone. After a record profit announced yesterday, Barclays bankers are to pocket £4.4bn as average bonus payouts double to £191,000! And oh some 1,000 top traders will walk away with over £1m! This is double last year which set at £91,000.
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Banking giant Barclays has today reported a 92% rise in full-year profits to £11.6 billion, compared with £6.07 billion in 2008.
The bank said the strong figures were the result of its sale of its fund management division, Barclays Global Investors, for £8.2 billion last summer.
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Online personal banking can be a confusing term as not only do major banks now offer their services on the internet, but there are dedicated banks that can only be found online. Such exclusive online banks inlcude Smile, Cahoot, Egg Online Bank and OneAccount.
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