Summary
ROYAL Bank of Scotland risked courting fresh controversy over excessive pay at bailed out banks after it emerged four senior staff were set for share windfalls worth nearly pounds 5m.
The bank - which is more than 70% owned by the taxpayer - is to offer incentive-based awards of nearly 12 million shares to staff, including a reward worth pounds 2.4m on paper for Ellen Alemany - the head of the bank's US business.See the full content of this document
Extract
Rbs Staf F to Share Windfall of Pounds 5m
She is in line for 5.9 million shares, although the bonus is based on performance targets bein...
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