Bloomberg reports that Hugh 'Skip' McGee, 54, who became Barclays’s chief executive officer for the Americas in May, was the highest-paid with $14.73m, Barclays said in a statement Tuesday. CEO Antony Jenkins was given shares valued at $6.34m.
Barclays last month drew criticism for boosting its 2013 total bonus pool as investment-banking profit shrank, and plans to cut as many as 12,000 jobs this year to eliminate costs after profit declined. Adjusted pretax profit fell to $317.2m in the fourth quarter from $2.32bn a year earlier, Barclays said in February.
Barclays is also among currency-trading firms that have suspended traders amid a probe into alleged rigging of the foreign-exchange market.
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