Lloyds chief exec to waive annual bonus

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Lloyds chief exec to waive annual bonus

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02-22-2010, 08:29 PM

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Lloyds chief exec to waive annual bonus

It has emerged today that Eric Daniels, chief executive of Lloyds Banking Group, will waive his £2.3 million annual bonus. The move comes after Royal Bank of Scotland chief executive, Stephen Hester, opted not to take his £1.6 million bonus. The decision by 49-year-old Hester came just one week after Barclays chief executive John Varley and president [...]

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