“Hector Sants will receive a total remuneration package worth as much as £3m as part of his move to Barclays next month, according to people familiar with the deal.

The package will make the former chief executive of the Financial Services Authority, who is set to become Barclays’ head of compliance and government relations at the end of January, one of the 10 best-paid executives at the UK lender.”

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Read Patrick Jenkins full Financial Times article here