RBS to award 100 bankers £1m bonuses despite losses

HERALDSCOTLAND

TIM SHARP, CITY EDITOR




Published on 26 Feb 2010



More than 100 bankers at Royal Bank of Scotland will receive bonuses of more than £1m, the part-nationalised bank revealed yesterday as it reported a reduced £6.2 billion operating loss for 2009.



At least 30 bankers working in the UK are set for a seven-figure pay-out. Most of the others are in the United States.

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