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RBS boss 'spurns bonus'

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RBS boss 'spurns bonus'

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Stephen Hester,the boss of Royal Bank of Scotland has reportedly waived his 1.8 million euros bonus for last year.

The bank, which had to be rescued with British taxpayers’ money, is now 84 percent owned by the government.

This follows a similar move by top bosses at another big British bank, Barclays.

It will put pressure on Eric Daniels, who heads Lloyds Banking Group, also bailed out by the state.