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
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.
News sponsored by:
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
More from us
On the road
by Himanshu Singh on Apr 19, 2014 at 05:21