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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.

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Profile: How Arbuthnot Latham is future-proofing private banking

Profile: How Arbuthnot Latham is future-proofing private banking

Traditional does not have to mean sleepy and Arbuthnot Latham head of private banking Liz Bottomley has been quietly overseeing a restructure designed to ‘future-proof’ the business

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