Pay of Barclays CEO more than doubles amid 24% profit rise

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 an investment banking rebound and steady interest rates helped push the UK bank’s annual profits up by a quarter.CS Venkatakrishnan’s payout is one of the largest for a Barclays boss, having risen from £4.6m a year earlier in 2023. Continue reading...

Pay of Barclays CEO more than doubles amid 24% profit rise

Other top performers at group share £1.9bn bonus pool while 90,000 employees awarded £500 each in shares

The pay of Barclays’ chief executive has more than doubled to £10.5m, as an investment banking rebound and steady interest rates helped push the UK bank’s annual profits up by a quarter.

CS Venkatakrishnan’s payout is one of the largest for a Barclays boss, having risen from £4.6m a year earlier in 2023. Continue reading...