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		</div><p><a href="http://londonglossy.com/wp-content/uploads/2011/02/barclays-chief-could-receive-9m.jpg"><img class="alignnone size-full" title="Bob Diamond could be in line to receive a bonus package of more than 9 million pounds, it was reported" src="http://londonglossy.com/wp-content/uploads/2011/02/min-barclays-chief-could-receive-9m.jpg" alt="Bob Diamond could be in line to receive a bonus package of more than 9 million pounds, it was reported"/></a></p>
<p>Barclays boss Bob Diamond could be in line to receive a bonus package of more than £9 million, it was reported.</p>
<p>Members of Barclays&#8217; remuneration committee have discussed giving the package to the new chief executive although a decision will not be made until next Thursday when the full board meets and the final figure could be amended.</p>
<p>Sir Richard Broadbent, the senior independent director and chairman of the bank&#8217;s remuneration committee, has disclosed the plans to some of Barclays&#8217; largest investors, Sky News said.</p>
<p>A spokeswoman for Barclays stressed no decision has yet been taken.</p>
<p>Barclays is also likely to say the proportion of its revenues it pays out to staff has risen from 38% to &#8220;a figure between 40% and 45%&#8221;, when it reports full-year results on Tuesday February 15, the broadcaster said.</p>
<p>Although Barclays received no direct bail-out from the Government, such a large rewards package would be likely to fan flames of public anger about the bonus culture in the banking sector.</p>
<p>Mr Diamond, who is estimated to be worth £95 million, was once described as the unacceptable face of banking by Lord Mandelson because of his legendary riches.</p>
<p>The bank chief recently told a Treasury Select Committee of MPs: &#8220;There was a period of remorse and apology for banks and I think that period needs to be over.&#8221; He said he had waived his bonus for the past two years but told the committee he would need to discuss with his family whether to do so again.</p>
<p>Mr Diamond was previously chief executive of Barclays Capital, the bank&#8217;s investment banking arm, before taking over from John Varley at the start of 2011.</p>
<p>In his new job Mr Diamond receives an annual salary of £1.35 million, up from the £250,000 he was paid every year since 1999, with a potential annual bonus of up to £3.375 million. He is also entitled to long-term performance-based incentive shares worth £6.75 million next year.</p>
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