Barclays 'to announce executive bonuses worth millions'

The bank, which has been subject to criticism over its remuneration policies, is preparing to make the announcement to coincide with George Osborne's budget, Sky News reported. Despite announcing it would claw back more than £400m in bonuses this year, the news channel revealed Barclays head of investment Rich Ricci, its chief executive Antony Jenkins and outgoing finance director Chris Lucas are in line for awards worth millions. The bonuses are as a result of deferred long-term incentive plans under the board's remuneration package. Barclays announced it paid £1.8bn in bonuses th...