Barclays CEO’s maximum pay could rise by 45% to more than £14m

New deal being considered by board cuts fixed pay but allows for much higher bonuses

The Barclays chief executive, CS Venkatakrishnan, could have his maximum pay package rise by 45% to more than £14m, as part of a deal being considered by the bank’s board.

The high street lender is understood to have written to the bank’s largest shareholders regarding potential plans to overhaul its pay structures for Venkatakrishnan and its finance chief, Anna Cross.

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