RBS attacked for 'bloated bonuses'

Royal Bank of Scotland has insisted it will be fit for a return to the private sector by the end of 2014, but faced anger over "bloated bonuses" after recent scandals and mounting losses.

The part-nationalised lender revealed a £607 million bonus haul for staff, including £215 million for investment bankers, despite plunging into the red by £5.2 billion in 2012.%VIRTUAL-SkimlinksPromo%