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Pay of Barclays CEO more than doubles to £10.5m as profits soar

Pay of Barclays CEO more than doubles to £10.5m as profits soar



Other top performers at group share £1.9bn bonus pool while 90,000 employees awarded £500 each in sharesBusiness live – latest updatesThe pay of Barclays’ chief executive has more than doubled to £10.5m, as a rebound in investment banking and steady interest rates helped push the UK bank’s annual profits up by almost a quarter.CS Venkatakrishnan’s payout rose from £4.6m a year earlier in 2023 and is the highest package paid to a Barclays CEO in a single year since Bob Diamond’s controversial £17m pay package in 2011. Continue reading…



Source link : https://www.theguardian.com/business/2025/feb/13/barclays-profit-rise-ceo-cs-venkatakrishnan-more-pay

Author : Kalyeena Makortoff Banking correspondent

Publish date : 2025-02-13 15:24:08

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Tags : The Guardian