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Lloyds set to overtake RBS in bonus payments

Tuesday, February 7, 2017 - 05:50

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Royal Bank of Scotland CEO Ross McEwan said last month that the bonus pool would shrink from the £373 million paid for employee performance in 2015.

London

LLOYDS Banking Group Plc is poised to pay more in bonuses than Royal Bank of Scotland Group Plc for the first time since the financial crisis, underscoring the contrasting performances of two of Britain's bailed out banks.

Lloyds has earmarked about £390 million (S$686.4

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