BRIEF-Barclays: won't achieve return over cost of equity until 2015

LONDON, April 25 Thu Apr 25, 2013 6:09am EDT

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LONDON, April 25 (Reuters) - Barclays PLC : * Remuneration structures are being fundamentally changed * Removed all sales commission for branch-based staff * Determined to ensure that shareholders receive an increased share of income

and pre-compensation profits * In Barclays and more widely in the banking industry, pay became excessive. * On track to execute the £1 billion programme of restructuring and investment

for 2013 * Will not achieve a return over the current cost of equity until 2015

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