RBS boss 'underestimated' bonus row

Royal Bank of Scotland boss Stephen Hester admitted today he had “underestimated” the furore his £1m bonus would cause.

Wed, 08 Feb, 2012 - 09:27

Royal Bank of Scotland boss Stephen Hester admitted today he had “underestimated” the furore his £1m bonus would cause.

Mr Hester, chief executive of the 83% state-owned bank, disclosed that he had considered resigning amid the political storm.

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