Bailed-out bank also released bonuses of more than £5m after recently reporting it made a £2bn loss for 2015Royal Bank of Scotland – the bailed-out bank which recently reported its eighth consecutive year of annual losses – has handed its top management team future bonuses in shares worth £17.4m.
The bank,73% owned by the taxpayer, also released bonuses already earned worth more than £5m to the top management team, or including the chief executive,Ross McEwan, who took the helm in October 2013. Related: What the bank results divulge us approximately their and UK economy's health Related: UK bank pay and bonuses in the spotlight as results season starts Continue reading...
Source: theguardian.com