Hot on the heels of Barclays Bob Diamond receving a handsome multi-million pound windfall, Royal Bank of Scotland boss Stephen Hester has received bonus shares worth £4.5 million on top of a £2 million annual bonus and an annual salary of £1.2 million. The bank is owned by the tax payer to the tune of 83%. Trade union Unite described the bonus as a 'disgrace'.
Thursday, 10 March 2011
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