BNP Paribas chief gets €1.67 bonus

BNP Paribas, France’s biggest listed bank, awarded chief executive Baudouin Prot a €1.67m (£1.5m) bonus for 2010. Prot, one of the few bank chiefs to have kept his position throughout the crisis, will receive 60 per cent of the bonus, or €1m, as a deferred payment over 2012, 2013 and 2014, BNP said on its website yesterday. The bonus takes Prot’s total compensation for 2010 to €2.7m, including salary and other payments disclosed in regulatory filings. Although this is 10 per cent more than Prot received overall for 2009, it was still well below sums earned by bosses of British bank Barclays or German lender Deutsche Bank.