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.

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.