Article 73HSG Bank bosses get huge pay rises in sign top City salaries back to pre-crash highs

Bank bosses get huge pay rises in sign top City salaries back to pre-crash highs

by
Kalyeena Makortoff Banking correspondent
from World news | The Guardian on (#73HSG)

Nat West chief executive's 6.6m pay package for 2025 is largest since disgraced predecessor's 7.7m in 2006

A trio of bank bosses have been handed huge pay packets in the latest sign that the vast salaries and bonuses handed to Wall Street and City of London executives in the run-up to the 2008 financial crisis have started to return.

NatWest on Friday revealed a 6.6m pay package for its boss, Paul Thwaite, marking the largest payout for a chief executive of the banking group since his disgraced predecessor Fred Goodwin took home 7.7m in 2006.

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