Barclays bank
Media playback is unsupported on your device

Controversy over bankers' bonuses despite recent cuts

Barclays Bank has announced a slight drop in its annual pre-tax profits - but still banked nearly £6 billion last year.

The bank is also cutting the bonus pool set aside for its investment division by 35%.

So far there has been no update regarding a bonus for its chief executive Bob Diamond - but the BBC understands he is due for a payout worth £3m.

Robert Peston reports.

Go to next video: Barclays profits dip to £5.9bn