Ulster Bank chief forced to give up any bonus

Ulster Bank’s chief executive has effectively been forced to give up any potential bonus this year, in a bid to stop a growing PR disaster for the IT-crash firm.

Ulster Bank chief forced to give up any bonus

Just hours after creating more public anger by refusing to reveal his salary to the Oireachtas Finance Committee and claiming he was still entitled to a bonus, Jim Brown said the payment was no longer an issue.

Moments after confirming the problems at the bank are affecting at least 600,000 customers in the Republic alone — six times higher than previously stated — the New Zealander told politicians that, in his opinion, he is right to still consider a bonus for work this year.

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