Eric Daniels loses out in Lloyds bonus deal
The move was disclosed in the bank’s annual report which also confirmed that it handed 25 of its staff £1 million or more in pay and bonuses last year.
The figure, which includes rewards for five employees who picked up in excess of £2m, means there were 769 bank staff in the £1m-plus pay bracket at the five big high street firms last year.
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Hide AdChief executive Antonio Horta-Osorio was paid £2.5m in pay and deferred bonuses last year, and has also received £1.1m in shares from a long-term incentive scheme that will be released in 2016 subject to performance targets.
Despite £570m of losses in 2012, staff still shared a £365m total bonus pot, equivalent to £3,900 per employee.
Barclays has already revealed that it had paid 428 staff more than £1m last year, while there were 93 at Royal Bank of Scotland, 204 at HSBC and 19 at Santander.