Barclays' 428 Millionaires

As Barclays annoucnes that it could cut up to 40,000 jobs, it has also revealed that 428 of its employees received salaries and bonuses worth more than £1M in 2012.

Antony Jenkins, CEO, received payouts worth £2.6M, including a £1.47M long-term incentive award. Mr Jenkins declined an annual bonus.

Five unidentified senior executives, not on the Barclays board, earned more than Mr Jenkins; with the bank’s highest paid non-board level executive receiving a package worth £3.75M.

However, as per the Telegraph five of the bank's staff, not among its senior executives, earned more than £5M last year.