RBS chief 'in line for £1.6m bonus'

Royal Bank of Scotland chief executive Stephen Hester could be in line for a bonus of up to £1.6m (€1.82m) this week despite the bank's predicted hefty losses, it was reported today.

RBS chief 'in line for £1.6m bonus'
Sun, 21 Feb, 2010 - 14:24

Royal Bank of Scotland chief executive Stephen Hester could be in line for a bonus of up to £1.6m (€1.82m) this week despite the bank's predicted hefty losses, it was reported today.

The RBS boss has not yet decided whether to accept the pay deal, which could be announced with the bank's 2009 results, according to The Sunday Times.

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CourtsBusinessHeathrowPlace: UKPerson: Stephen HesterPerson: HesterPerson: Eric DanielsPerson: DanielsPerson: Bob DiamondPerson: John VarleyPerson: Lord MandelsonOrganisation: RBSOrganisation: Royal Bank of ScotlandOrganisation: Lloyds Banking GroupOrganisation: Barclays'Organisation: LloydsOrganisation: HBOSOrganisation: UK Financial InvestmentsOrganisation: UKFIOrganisation: BarclaysOrganisation: BBC1
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