Bailed-out bank pays £1.6bn bonuses

City workers at a firm that benefited from the US bank bail-out are still to share in a multibillion-pound bonus pot, it has been confirmed.

Goldman Sachs revealed the figure, worth about £55,000 per employee, as it posted its first quarterly loss since becoming a public company in 1999.

A spokesman said the bonus pot, which will not be shared by the chief executive and six senior colleagues who have agreed to give up their perk, totalled £1.67 billion.

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