Twitter icon Email alerts icon Latest News RSS icon Magazine icon Stay connected:

View the article online at http://citywire.co.uk/wealth-manager/article/a656018

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

by Dylan Lobo on Feb 05, 2013 at 07:45

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 here or register here to comment. It is free to register and only takes a minute or two.

News sponsored by:

Long time coming: is the recovery here to stay?


Ian McVeigh and Steve Davies, managers of Jupiter's UK Growth fund, talk about their predictions for the UK equity space. Click here to watch a series of sponsored interviews with Jupiter's fund managers on the UK equity market.

Today's top headlines

More about this:

Look up the shares

  • Lloyds Banking Group PLC
    Register or Sign in to receive email alerts for items in your favourites whenever we write about them

More from us

Archive

On the road

Click here to find out more from the Audience Development team.

Sorry, this link is not
quite ready yet