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The Guardian - UK
The Guardian - UK
Business
Kalyeena Makortoff Banking correspondent

Bank bosses get huge pay rises in sign top City salaries back to pre-crash highs

Paul Thwaite Fred Goodwin NatWest Barclays
Paul Thwaite.
Paul Thwaite guided the once-bailed-out lender NatWest to full private ownership last year. Photograph: Ben Tritton

A trio of bank bosses have been given huge pay packets in the latest sign that the vast salaries and bonuses handed to Wall Street and City of London executives in the run-up to the 2008 financial crisis have started to return.

NatWest on Friday revealed a £6.6m pay package for its boss Paul Thwaite, marking the largest payout for a chief executive of the banking group since his disgraced predecessor Fred Goodwin took home £7.7m in 2006.

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