RBS management in £18m share deal

Updated

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McEwan takes the helm at RBS
McEwan takes the helm at RBS

Royal Bank of Scotland risked stoking more anger over City pay today by handing out shares worth up to £18.2 million for its top management.

The long-term bonus awards include £3 million of shares for chief executive Ross McEwan - a week after he announced the bank made losses of £8.2 billion and pledged to rebuild trust in the part-nationalised lender.

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