LONDON, Feb 11 (Reuters) - Barclays Plc said itexpects to improve its leverage ratio to at least 3.5 percent bythe end of next year as it reduces the size of its balancesheet, and committed to paying out at least 40 percent of itsearnings in dividends.
Barclays said it increased its bonuses and other incentiveawards to staff to 2.38 billion pounds ($3.9 billion) last year,up from 2.17 billion in 2012, with payouts in the investmentbank up 13 percent on the year to 1.57 billion pounds.
Barclays had already released headline results showing itsearnings dropped by a quarter last year to 5.2 billion pounds($8.5 billion), falling short of analysts' forecasts asinvestment bank revenue slumped in the fourth quarter.