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Bob Diamond - £2 million pay-off

The Times has just reported that Bob Diamond, the former Barclays chief executive, will be given a £2 million pay-off after deciding to waive his deferred bonus awards and long-term incentive share awards. I don’t know how things will pan out for The Diamond Family Foundation Limited (1101380), but it had over US$2,500,000 according to the 2010/2011 accounts.

Finbar Cullen
ResearchPlus

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