Saturday, March 09, 2013

Fury over fatcat bankers as 500 Barclays and RBS staff are revealed to be paid more than £1m...

The row over fatcat pay was reignited yesterday as it emerged that more than 500 bankers at Barclays and Royal Bank of Scotland scooped more than £1million last year.

The ‘rampant inequality’ at both lenders was laid bare for the first time, with Barclays revealing that more than 70,000 staff are languishing on less than £25,000.

In another day of shame for British lenders, RBS – 82 per cent owned by the taxpayer – said it awarded 95 staff packages of at least £1million, despite slumping to a £5.2billion loss last year.

One mystery banker was paid more than £5million, while embattled boss Stephen Hester was handed a multi-year package worth up to £3.2million. Full story...

Related posts:
  1. £570m loss at Lloyds but £1.5m bonus for the boss...
  2. £17m bonus bonanza for top Barclays bosses despite string of scandals...
  3. After Swiss vote, German politicians call for fat cat cap...
  4. Fat cat bank boss Stephen Hester wins mega-bonus...
  5. Novartis chairman’s golden payoff slammed...
  6. 'Wall St. bonus bonanza must end or banksters will wreck economy'
  7. Disgraced Barclays "Libor" chief Jerry del Missier awarded £9million bonus...
  8. World's top bankers handed 12% pay rise to average $12.8MILLION...

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