Richard Fuld, chairman and chief executive of Lehman Brothers, has received a cash bonus of $10.3m (€7.9m) as part of his $27m salary package. It is the highest cash bonus paid to a Wall Street chief executive so far this year.

As well as his bonus, Fuld received a basic salary of $750,000, $10.3m in restricted stock units and options of $4.95m, according to a filing with the Securities and Exchange Commission.