He could still be entitled to his long-term incentive plan, which is broadly based on the bank's long-term performance and is worth up to 400% of his salary, if the Barclays remuneration committee awards him one.

WSJ: Barclays CEO Gives Up Bonus for 2012

This figure includes base salary, bonus and long-term incentive plan payouts, and the value realized from stock option exercises and other benefits.

FORBES: Fuld

But in his world, which is not the world occupied by most people, it is the trimmings around the basic pay - the bonus scheme and the long-term incentive plan - that are the real and substantial remuneration meal.

BBC: RBS chairman gives up ?1.4m shares reward