Tags: RBS

Bonus of nearly £1million for RBS boss ‘reflects recovery progress’

Board ‘recognises difficulties’ around pay for banks chief Hester Royal Bank of Scotland chief executive Stephen Hester is to receive a £963,000 bonus for last year, the bank’s board confirmed today. The annual performance payment will be awarded in shares, on top of Hester’s £1.2 million salary for 2011. The bank – which is 83…