Barclays chief lands £18m windfall

Press Association
Rich Ricci
Rich Ricci

Barclays investment banking chief Rich Ricci has landed an £18 million windfall after the bank handed out mammoth share awards to top bosses.

Mr Ricci's multimillion-pound pay day came as he sold a 5.7 million tranche of shares given to him by the bank for previous annual bonuses and long-term incentive schemes, despite waiving a bonus for 2012.