Bonus Cap May Result In Bank Talent Drain

Limits on bonuses at Lloyds TSB and Royal Bank of Scotland could result in a talent drain at the two government-aided banks, according to Paul Mumford, senior fund manager at Cavendish Asset Management.

  • 03 Nov 2009
Limits on bonuses at Lloyds TSB and Royal Bank of Scotland could result in a talent drain at the two government-aided banks, according to Paul Mumford, senior fund manager at Cavendish Asset Management. Mumford made his comments after HM Treasury announced tough new rules on the two banks ...

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4 Barclays 4,040 11 6.87
5 Lloyds Bank 3,615 14 6.15

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