RBS Rejects Protests Over £1BN Bonus Payout

Express – Royal Bank of Scotland will ignore protests and award up to £1 billion in bonuses to its staff next month. The bank will pay out a combined total of between £950 million and £1 billion. However, several RBS institutional investors believe that the bank should not be paying anyone a bonus while it is still loss making. Last year the lender made a pre-tax loss of £2.6 billion. Read Article