This Beggers Believe??
Originally posted by 5corpio

Royal Bank of Scotland pays £375m to 323 key staff

Royal Bank of Scotland (RBS) has given details of the amount that it paid its top people in 2010.

The bank announced that it paid a total of £375m to 323 people designated as "code" or key staff.

RBS, 83%-owned by the taxpayer after a government bail-out in 2008, made a £1.67bn loss in 2010, after losses of £3.6bn in 2009 and £35bn in 2008.
RBS has already disclosed that chief executive Stephen Hester received a pay package worth £7.7m for 2010.

Mr Hester said in the bank's annual report that its recovery was "ahead of schedule", highlighting the fact that the bank had returned to operating profit.....Read more Here
Royal Bank of Scotland reports annual loss of £1.13bn

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