Monday, February 11, 2013

Fat cat bank boss Stephen Hester wins mega-bonus...

BANK boss Stephen Hester is to pocket a £780,000 bonus weeks after bailed-out RBS was slapped with a £390million fine.

The move sparked fury last night as politicians branded it "wholly unacceptable".

RBS - which is 81% owned by the taxpayer - must pay out millions over its role in the global interest rate-rigging scandal.

Senior bank staff have seen their bonuses axed or slashed in the fallout from the Libor rate fiddle.

But Hester, 52, will get a £780,000 share-based payment next month. Full story...

Related posts:
  1. 'Wall St. bonus bonanza must end or banksters will wreck economy'
  2. Money-losing UBS under fire for lavish bonuses...
  3. Disgraced Barclays "Libor" chief Jerry del Missier awarded £9million bonus...
  4. World's top bankers handed 12% pay rise to average $12.8MILLION...
  5. Outrage at RBS chief Stephen Hester's £963,000 bonus ...
  6. The $2 billion UBS incident: 'Rogue Trader' my ass...

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