RBS, Lloyds Bonus Caps May Prompt Pay Retaliation - Bloomberg

Posted by News.Inc Tuesday, November 3, 2009


Times Online

RBS, Lloyds Bonus Caps May Prompt Pay Retaliation
Bloomberg
Nov. 3 (Bloomberg) -- Bonus caps at Lloyds Banking Group Plc and Royal Bank of Scotland Group Plc may lead them to increase base salaries, said Paul Mumford, a fund manager at Cavendish Asset Management. ...
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