Sants' Barclays package worth as much as $4.8 mln -FT

LONDON, Dec 19 (Reuters) - Hector Sants, the former head ofBritain's Financial Services authority, will receive aremuneration package worth as much as 3 million pounds ($4.8million) upon his move to Barclays Plc next month, theFinancial Times reported on Wednesday. Sants, who will become Barclays' head of compliance andgovernment relations, will be one of the 10 best-paid executivesat the British lender, people familiar with the deal were citedas saying. He will be paid a base salary in line with the 700,000pounds earned by other top executives, though the annual bonus,which depends on performance, will be lower, at less than 1million pounds, the FT said. Up to 1.5 million pounds would be payable under a long-termincentive plan over at least three years and which would also bedependent on performance, the FT said. Barclays declined to comment on the report.