Wealth Manager - the site for professional investment managers

Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

Winfried Bischoff: Lloyds bonuses will be 'lowest of any bank'

Winfried Bischoff: Lloyds bonuses will be 'lowest of any bank'

Lloyds chairman Sir Winfried Bischoff vowed his bank will pay the 'lowest' [bonuses] undoubtedly of any bank'

Appearing before parliament's banking standard committee Bischoff said: "We are very conscious of the point that as a taxpayer-owned company we should, perhaps more than others, be very much aware of the public sentiment in relation to [bonuses] and we will be'

The comments come after Barclays boss Antony Jenkins gave up his bonus last week.

Lloyds chief executive Antonio Horta-Osorio (pictured), who was also appearing before the committee, refused to be drawn into commenting on whether he would be receiving a bonus this year.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Navigating geopolitical risk with ETFs

Navigating geopolitical risk with ETFs

ETFGI’s Deborah Fuhr on how investors can use exchange-traded funds to position their portfolio.

Play Sarasin’s Boucher: why I like salmon with chocolate

Sarasin’s Boucher: why I like salmon with chocolate

Henry Boucher, manager of the £129 million Sarasin Food & Agriculture Opportunities fund, explains why he is gobbling up salmon and chocolate stocks.

Play Alibaba hype, the UK slowdown and opportunities in European sovereign bonds

Alibaba hype, the UK slowdown and opportunities in European sovereign bonds

Libby Ashby and leading wealth managers analyse what the Alibaba IPO hype means for Chinese equities, slowing growth of the UK economy and whether there’s anything left to play for in the European sovereign bond market.

Your Business: Cover Star Club

Profile: How David Esfandi is shaping Canaccord Genuity WM

Profile: How David Esfandi is shaping Canaccord Genuity WM

After six months as chief executive of Canaccord Genuity David Esfandi's ambitions are taking shape

Wealth Manager on Twitter