Barclays Awards Jenkins First Bonus as CEO, Cuts Pay Pool

Barclays Set to Improve Investment Bank Returns

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Barclays Plc paid Chief Executive Officer Antony Jenkins his first bonus since taking the job in 2012 as the bank reported an increase in annual profit, while shrinking overall awards in the investment bank.

Jenkins, 53, was awarded a 1.1 million-pound ($1.7 million) bonus for 2014, while his total annual compensation was 5.5 million pounds, the London-based bank said in its annual report Tuesday.