'Far fetched' that government cannot step in over RBS bonus
Royal Bank of Scotland (RBS) boss Stephen Hester is to receive a bonus of almost £1m.
RBS announced on Thursday that Mr Hester is to get £963,000 in shares based on the bank's closing share price on Wednesday 25 January 2012.
The bank said the bonus was for "substantial progress in making RBS safer, rebuilding performance in many businesses and improving customer service and support".
London Mayor Boris Johnson said he thinks a state owned bank should be run on public service lines.
Most watched/listened
-
Racist abuse in Euro 2012 stadium
-
1000 year-old tomb discovered in Peru
-
Stray dog completes 1700km race
-
One-minute World News
-
Unicyclist goes extreme
-
Sol Campbell warning on Euro 2012 racism
-
Jerry Springer's unusual birth
-
Briton held in Bali over cocaine
-
Where the world's ships go to die
-
Parents jailed for locking boy in coal bunker
-
Large blast in Kenyan capital
-
Hundreds of Inca tombs discovered in Peru
-
Will Canada's housing bubble burst?
-
Protester bursts into Leveson Inquiry
-
India and Burma sign trade agreements
~RS~q~RS~~RS~z~RS~01~RS~)
