Stephen Hester, who was parachuted in as chief executive in October 2008, said he would accept the £2.04m bonus that was announced earlier this month . Hampton said he deserved the payout because he was working like "stink".
although average pay fell to £144,000
RBS bankers get £950m in bonuses despite £1.1bn loss
Finance director Bruce Van Saun admitted that the bank would again not pay corporation tax in 2011
Len McCluskey, the general secretary of Unite, said: "Taxpayers will be baffled as to how it is possible that while we own 84% of this bank it continues to so handsomely reward its investment bankers. This is an institution in which over 21,000 front-line and support staff have been sacked."
He's right I'm baffled. How much do they owe us?
the taxpayer invested £45bn
Did someone say "bankers"
What will this year's bonuses be? I'm sure they've been working like stink again
Guardian article
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