Co-operative Bank chief executive Niall Booker is to receive a total £2.9 million pay package for the financial year 2013 and could receive a further £1.2 million dependent on the bank's future performance.
On the publishing of the results, Mr Booker said the new management had succeeded in keeping "the bank alive".
More top news
Obese mothers-to-be put their unborn child at risk of becoming overweight even while still in the womb, a senior children's doctor warns.
Jo Milne from Gateshead went viral when a video of her hearing for the first time was posted online. Now she is preparing for a new battle.
A man from China has set a rather unenviable new world record - by covering himself in more than 1.1 million bees, weighing 17st.