Starling Bank pays out large bonuses despite financial setbacks and leadership changes.

From Yahoo Finance: 2025-06-01 13:05:00

Starling Bank rewarded its staff with a £24.6m bonus pot, including a £600,000 bonus for CEO Raman Bhatia. This came despite a £28m loss on Covid-era loans and a £29m fine from the FCA. Annual profits dropped 25% to £223m. Bhatia hinted at potential pay cuts for executives. Anne Boden, former CEO, cited a “conflict of interest” and stepped down in 2023.

Read more: Starling pays out fivefold bonus sum despite FCA fine and Covid loan errors