Chairman of the Royal Bank of Scotland (RBS), Sir Philip Hampton, has admitted that bankers’ pay is too high.However, while conceding that bankers’ pay is “astonishingly high”, he said it is difficult to defend the gap between what most people earned and what some bank staff were paid. Speaking to BBC Radio 4, Sir Philip [...]
There is no wonder the public are angry - bankers paid rediculous sums and then the government (with tax payers money) have to bail them out. The problem is we have got ourselves in a position where financial institutions effect everyone's lives.
RBS chief admits bankers paid too much
