The pay of the chief executive of Barclays has more than doubled to £10.5m, as a rebound in investment banking and steady interest rates helped push the UK bank’s annual profits up by almost a quarter.
CS Venkatakrishnan’s payout rose from £4.6m a year earlier in 2023 and is the highest package paid to a Barclays CEO in a single year since Bob Diamond’s controversial £17m pay package in 2011.
