Belmont Thornton Logo
PPI Claims - About PPI

PPI Claim News

 
Bank charges: Barclays paid over £1m to 428 staff

In 2012, Barclays paid over £1 million to 428 of its staff and more than £5 million to five employees.

Chief executive officer (CEO) Antony Jenkins was not among the top five earners for the bank as he was paid £2.6 million in total.

This information on Barclays employee’s pay was released in the bank’s annual report. It was decided that the bank should include information about staff pay in a move to make the bank more transparent.

Staff were paid this money during a year when the bank was hit by scandals such as Libor and payment protection insurance (PPI) mis-selling.

Last year, the bank was fined £290 million for being involved in the Libor rigging scandal. After the bank was found guilty of Libor rigging, the bank’s former CEO Bob Diamond stepped down.

The bank also had to set money aside in provisions for claims against mis-sold PPI. This was a scandal across the retail banking sector that has seen more complaints than any other banking product.

Samantha Clarke

Samantha is a former banking assistant and has over ten years experience in retail banking.ADNFCR-2776-ID-801553560-ADNFCR



Bookmark and Share
Tell a Friend
blog comments powered by Disqus

Enquiry Form

First Name 
Last Name 
Mobile Phone
Home Phone
Address Line 1 
Town
County
Post Code 
Email 
Circumstances
Claim Back Mis-Sold PPI Button

Belmont Thornton Limited is regulated by the Claims Management Regulator in respect of regulated claims management activities; our registration is recorded on the website www.gov.uk/moj/cmr number 18273

Belmont Thornton Limited is incorporated in England and Wales, Company number 6621233, whose head office at Unit B11, Kestrel Court, Harbour Road, Portishead, Bristol, BS20 7AN and registered office at Harwood House, 43 Harwood Road, London, SW6 4QP.

Belmont Thornton Limited is registered with the Information Commissioners Office. Registration number Z1728023.

Please note that calls may be monitored for the purposes of staff training.

* Belmont Thornton operates on a "No Win No Fee" basis. This means that there are no upfront costs to pay. Our fee only becomes payable on a successful outcome of a claim. A cancellation fee is payable if you decide that having instructed Belmont Thornton to act on your behalf, and after 14 days of signing your Letter of Authority, you do not wish to continue pursuing your claim with us. The cancellation fee is the reasonable costs incurred for the work undertaken. Please see our terms of engagement.

By using our web-site, you agree that we can place the types of cookies described in our privacy policy on your device.Hide