Former Barclays boss to get £2m payoff

Former Barclays boss Bob Diamond has waived a potential £20m (€25m) in bonuses and share awards, but will still walk away with up to £2m (€2.5m).

Former Barclays boss to get £2m payoff
Tue, 10 Jul, 2012 - 11:58

Former Barclays boss Bob Diamond has waived a potential £20m (€25m) in bonuses and share awards, but will still walk away with up to £2m (€2.5m).

Barclays chairman Marcus Agius told MPs that Mr Diamond had decided to voluntarily forgo the entitlements after he quit as chief executive last week in the wake of the rate-rigging scandal.

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CourtsBusinessHeathrowPerson: Bob DiamondPerson: Marcus AgiusPerson: DiamondOrganisation: Barclays
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