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@ tzongocu
2025-02-13 10:16:02
📰 News Alert:
🔖 Title: Pay of Barclays CEO more than doubles to £10.5m as profits soar
🗓️ Published: Thu, 13 Feb 2025 09:51:12 GMT
📄 Summary: Barclays' chief executive's pay doubled to £10.5m, with the bank's annual profits rising due to a rebound in investment banking and steady interest rates. Other top performers shared a £1.9bn bonus pool, with 90,000 employees receiving £500 each in shares. Future implications may include increased scrutiny on executive pay practices and potential impacts on employee morale.
🔗 https://www.theguardian.com/business/2025/feb/13/barclays-profit-rise-ceo-cs-venkatakrishnan-more-pay
🗞️ Source: Business | The Guardian
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