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NEWS ABOUT: Stephen Hester

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... More »

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