Taxpayer-Controlled Rbs to Slash Staff Cash Bonuses to Pounds 175m ; Banking
Birmingham Post › February 18, 2009
Linked as:
Summary
RoyalBankofScotlandsaid itwould cut this year's staff cash bonus by more than 90 per cent to pounds 175million.
The bank, which is now 68 per cent owned by the taxpayer, said therewould be "no reward for failure" as it announced the cuts and confirmed no discretionary cash bonuses would be made for last year.See the full content of this document
Extract
Taxpayer-Controlled Rbs to Slash Staff Cash Bonuses to Pounds 175m ; Banking
The news came as Chancellor Alistair Darling insisted bonuses at ...
See the full content of this document
Sponsored links
