RBS chief waives £1.4m share bonus

The chairman of the British taxpayer-funded Royal Bank of Scotland (RBS) will not receive a shares bonus worth £1.4m (€1.66m), the bank said today.

RBS chief waives £1.4m share bonus
Sat, 28 Jan, 2012 - 13:56

The chairman of the British taxpayer-funded Royal Bank of Scotland (RBS) will not receive a shares bonus worth £1.4m (€1.66m), the bank said today.

Philip Hampton's decision comes days after RBS chief executive Stephen Hester came under fire over a £963,000 (€1.14m) bonus awarded to him.

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CourtsBusinessHeathrowPerson: Philip HamptonPerson: Stephen HesterOrganisation: RBSOrganisation: Royal Bank of Scotland
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