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Wednesday 03 November 2021 11:09 am  |  Updated:  Wednesday 03 November 2021 11:15 am

Ex-Barclays chief Staley to receive £22m bonus windfall

Downing Street Readies For Battle With Parliament Over No-Deal Brexit
The American banker could receive around 11m shares in the bank he headed for six years if it hits performance goals in the coming years (Photo by Leon Neal/Getty Images)

Former Barclays chief Jes Staley who quit this week to fight the findings of a report into his relationship with convicted sex offender Jeffrey Epstein is in line receive bonuses of up to £22m.

The American banker could receive around 11m shares in the bank he headed for six years if it hits performance goals in the coming years.

The news was first reported by The Telegraph.

More to follow.

Read more

Barclays, HSBC, Lloyds, and NatWest among the first banks in the world to adopt new Swift framework for enhanced international consumer payments

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