Breakingviews on Twitter
Search League Tables

Wednesday, 25 May 2016

UK bank bonus restraint must be genuine

Hester's millions

RBS boss Stephen Hester has sensibly decided to follow his counterparts at Barclays and waive his bonus for 2009. But the gesture is only meaningful if Hester and other bank chiefs are not able to claim bigger payouts in future. Otherwise they are just dodging the UK's bonus tax.

This content is for Subscribers only

To access full content you must be a subscriber. Please use the following link to request a trial.

Sign In

(Launches in a new window)