The row over fatcat pay was reignited yesterday as it emerged that more than 500 bankers at Barclays and Royal Bank of Scotland scooped more than £1million last year.
The ‘rampant inequality’ at both lenders was laid bare for the first time, with Barclays revealing that more than 70,000 staff are languishing on less than £25,000.
In another day of shame for British lenders, RBS – 82 per cent owned by the taxpayer – said it awarded 95 staff packages of at least £1million, despite slumping to a £5.2billion loss last year.
One mystery banker was paid more than £5million, while embattled boss Stephen Hester was handed a multi-year package worth up to £3.2million. Full story...
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The ‘rampant inequality’ at both lenders was laid bare for the first time, with Barclays revealing that more than 70,000 staff are languishing on less than £25,000.
In another day of shame for British lenders, RBS – 82 per cent owned by the taxpayer – said it awarded 95 staff packages of at least £1million, despite slumping to a £5.2billion loss last year.
One mystery banker was paid more than £5million, while embattled boss Stephen Hester was handed a multi-year package worth up to £3.2million. Full story...
Related posts:
- £570m loss at Lloyds but £1.5m bonus for the boss...
- £17m bonus bonanza for top Barclays bosses despite string of scandals...
- After Swiss vote, German politicians call for fat cat cap...
- Fat cat bank boss Stephen Hester wins mega-bonus...
- Novartis chairman’s golden payoff slammed...
- 'Wall St. bonus bonanza must end or banksters will wreck economy'
- Disgraced Barclays "Libor" chief Jerry del Missier awarded £9million bonus...
- World's top bankers handed 12% pay rise to average $12.8MILLION...
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