Barclays shares worth a total of £39m have been awarded to nine executives as part of their long-term remuneration packages, the group said yesterday.
As the country focused on Chancellor George Osborne's latest Budget, Barclays put out an announcement giving details of a huge payout to top staff. Barclays' investment bank boss Rich Ricci was given £17.5m in shares as a long-term bonus and has sold the entire award. The bank said Ricci's shares were an accumulation of remuneration over a number of years. Chief executive Antony Jenkins (pictured) was awarded £5.6m in shares and sold £2.9m of them. However, he waived his bonus for 2012 after the bank was hit with fines for payment protection insurance (PPI) mis-selling and its ...
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