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Old 12-04-2009, 11:54 PM
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Post RBS has heated argument with the Treasury over bonuses

After a heated row with the Treasury, the Royal Bank of Scotland (RBS) has indicated that it will bow to pressure to cut executive bonuses.It emerged yesterday that the board of RBS had threatened to quit under Government plans to veto bonus payments.The threat of a mass exodus came as the bank said it was [...]

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