Barclays CEO, Bob Diamond - My £20m bonus is 'appropriate'.

Barclay CEO Bob Diamond is one of the highest paid bankers in the World. Since joining Barclays he has also taken control of the bank's wealth management (Barclays Wealth) and fund management (Barclays Global Investors) divisions. Subsequent to the 2008 financial crisis, there has been controversy over Diamond's pay as one of the world's highest-earning bankers, collecting a package worth up to £27m in 2006, £36m in 2007 (approx. $70m USD), and holding Barclays shares worth £65m.

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[leadbelly123]

well, barclays has made huge profit in a recession. to barclays he's probably worth it.

we've been screwed over as a result of the banking crisis, but objectively speaking, barclays never needed to be bailed out, and are still making huge profits.

you have to say he's worth every penny in that respect. it's not about us.

[magnetite2]

If a company can afford to pay a CEO 20 million for a salary, they should consider raising employee wages. Also, I think a employee or CEO is only worth what they put in. For example, if someone works their butt off, then they should get paid accordingly regardless of their job being entry level or not. If someone just sits on their ass and does hardly any work, then they should receive a low pay.

[ScourgeOfGodUK]

@sgmpmr Barclays wasn't "bailed out"...

[sgmpmr]

The banks should have never been allowed to be "bailed out". Not in a free market society. They should have been allowed to fail. Simply blatant corruption between politics and banking. Give me a gun and I can rob a bank. Give me a bank and I can rob the world.

[ThePaudie004]

Diamond is a normal Barclays banker and treats all his customers with contempt. His company has cheated me out of approx £240k by misselling a pension. It has also taken them over 11 months to answer my complaint. So much for his well earned bonuses????

[Wolfiespeaks]

Your a greedy cunt diamond

[Exlor]

All the banks were riding chicken during the crisis. The first financial institution who gave up and reduced bonuses would instantly lose its stars, who will all be snapped up by competitors who continued to keep their bonus payments high.

[Griff666]

It's actually more than 1000x what the average teller gets paid. Average salary for a barclays teller is more like 13k. Pay them more they are the frontline.