BARCLAYS SHIFTS TO WALL STREET PAY MODEL Barclays will boost bonuses and reduce fixed salaries for senior bankers, aligning pay more closely with Wall Street. Performance pay rose nearly 30% to £1.3B in H1, while salaries increased less than 1%. The bank expects an additional £100M–£150M in compensation costs in H2 as it expands bonus-heavy pay following the UK's removal of the bonus cap.(*Walter Bloomberg)