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RBS CEO decides to waive £1.6m bonus

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02-21-2010, 07:01 PM

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RBS CEO decides to waive £1.6m bonus

Royal Bank of Scotland (RBS) chief executive, Stephen Hester, has decided not to take his £1.6 million bonus, according to the BBC.The decision by the 49-year-old comes just a week after Barclays chief executive John Varley and president Bob Diamond both agreed to sacrifice bonuses for the second year in a row, in light of [...]

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