RBS boss bows to pressure and gives up £1m bonus
Publié
par
Clifford Armion
le 30/01/2012
Activer le mode zenAndy McSmith
Stephen Hester, head of the Royal Bank of Scotland, gave way to heavy political pressure last night to forego his £963,000 bonus.
The final straw for the RBS chief executive appears to have been the looming threat of a vote in the House of Commons condemning the Government for failing to block the payment.
He is reported to have feared becoming "a pariah" over the controversy.
Pour citer cette ressource :
"RBS boss bows to pressure and gives up £1m bonus", La Clé des Langues [en ligne], Lyon, ENS de LYON/DGESCO (ISSN 2107-7029), janvier 2012. Consulté le 20/04/2024. URL: https://cle.ens-lyon.fr/anglais/archives/archives-revue-de-presse/rbs-boss-bows-to-pressure-and-gives-up-1m-bonus