Stephen Hester

1 Story

Under Pressure, Bank CEO Waives $1.5M Bonus

Royal Bank of Scotland's Stephen Hester caves amid controversy

(Newser) - The chief of Britain's second-largest bank declined his $1.5 million bonus yesterday, hours after opposition lawmakers vowed to put it to a vote, reports the Scotsman . The bank's board argued that Royal Bank of Scotland CEO Stephen Hester's bonus was reasonable, especially since his base pay...

1 Story