theguardian.com
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Barclays CEO Pay Doubles Amid Record Profits, Motor Finance Scandal Looms
Barclays' 2024 pre-tax profits soared 24% to £8.1bn, boosting CEO Venkatakrishnan's pay to £10.5m, while a £1.9bn bonus pool was shared among top bankers, but the bank also faces a potential £442m compensation bill from a motor finance scandal and dealt with a recent technology outage.
Barclays CEO Pay Doubles Amid Record Profits, Motor Finance Scandal Looms
Barclays' 2024 pre-tax profits soared 24% to £8.1bn, boosting CEO Venkatakrishnan's pay to £10.5m, while a £1.9bn bonus pool was shared among top bankers, but the bank also faces a potential £442m compensation bill from a motor finance scandal and dealt with a recent technology outage.
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