
March 07, 2011 9:34 AM - Written by Mark Kleinman
Bob Diamond, the new chief executive of Barclays, will be paid a bonus of £6.5m for last year after agreeing with boardroom colleagues that his payout should reflect continuing pressure on bankers' pay, I can exclusively reveal.
The surprise cut to Diamond’s bonus for 2010, which will be confirmed by Barclays later today and which includes no up-front cash…
Exclusive: Barclays' Diamond In Line For £9m-Plus Bonus
I have learned that directors at Barclays are preparing to award Bob Diamond, the bank’s new chief executive, an annual bonus for last year of more than £9m.