RBS’s bonus dilemma

The bank's decision to scale back in investment banking has left some wondering why senior RBS executives, including the head of IB, are still getting paid bonuses.

RBS’s bonus dilemma

British taxpayers are up in arms about the size of the bonuses Royal Bank of Scotland is paying to its senior executives this year, and some of the bank’s former Asian staff share their disdain.

The UK bank said last week that its chief executive, Stephen Hester, had earned a 1 million $1.6 million bonus during 2011, based on terms approved by shareholders with near unanimity. But according to some critics, that represents a reward...

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CONFERENCES

  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...