Dozen bank chiefs share £32m bonus

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Shares worth £32 m were handed to a dozen executives of banking giant Barclays in a move adding to the controversy over City pay.

The shares include £3.8 m worth for chief executive Antony Jenkins in relation to deferred awards from bonus and incentive schemes in previous years.

The total figure, which emerged in a disclosure to the London Stock Exchange, is down on the £40m shared by nine executives last year.