Investment Banking

Barclays hikes bonuses for top staff in investment bank by 21%

The UK lender has increased variable compensation for key staff known as material risk takers

Barclays joined rivals in boosting bonuses after deals and trading rebounded last year
Barclays joined rivals in boosting bonuses after deals and trading rebounded last year Photo: Jason Alden/Getty

Barclays hiked bonuses for top staff within its investment bank to an average of £778,000, as banks have looked to lock in high-performers after a bounceback in deals and trading revenue.

The UK lender paid £1.2bn to 832 so-called material risk takers within its investment bank, who make up the largest proportion of the 1,506 key staff across Barclays whose actions can impact the bank’s risk profile.

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