• Rate this Story
  • 0
  • 0

March 8, 2013 10:35 PM EST

Barclays said it paid 428 bankers more than 1 million pounds ($1.5 million) last year, despite a torrid year for the British bank after its fine for rigging Libor interest rates.

The number of staff paid over over 1 million pounds was down from 473 in 2011, according to new disclosures in its annual report.

Barclays said five staff were paid over 5 million pounds last year, down from 17 people in 2011. A further 50 were paid between 2.5 million and 5 million pounds in 2012, and 373 staff were paid between 1 million and 2.5 million pounds. ($1 = 0.6645 British pounds)

(Reporting by Steve Slater; Editing by Matt Scuffham)

  • Rate this Story
  • 0
  • 0
Copyright 2012 Thomson Reuters UK. All rights reserved.

Join the Conversation

IBTimes TV

E-Newsletters

We value your privacy. Your email address will not be shared.