• 12 Jan 2010 at 3:00 PM

Bonus Watch ’10: RBS

By Bess Levin

stephenhester2.jpgNothing’s been decided for sure yet, but in the event you thought this was going to be your year, RBS CEO Stephen Hester would like to suggest everyone dial down the enthusiasm (and perhaps consider joining the ass-ton of your ship-jumping colleagues over at CRT. There won’t be any hard feelings and you might even get paid, if cards are played right).

The subject of bonuses dominated Mr Hester’s one-and-a-half hour grilling before the cross-party group of MPs. He would not comment on the total bonus pool the bank will pay, which has been estimated at £1.5bn and will be decided next month.
Mr Hester added that RBS said the bank remains a “prisoner of the market” despite being 84pc-owned by the taxpayer.
“The banking industry has invited on itself scrutiny” over bonuses, describing his policy at RBS as paying “the minimum we can get away with in the market place”.

RBS chief Stephen Hester admits that his parents think he’s overpaid [Telegraph via Daily Intel]

Comments (26)

  1. 1
    Posted by guest | January 12, 2010 at 11:03 AM

    JT gonna head CIT

  2. 2
    Posted by guest | January 12, 2010 at 11:03 AM

    “the minimum we can get away with in the market place”.
    yeah, us too. no, just fucking with you. we gonna make it rain.
    -LB

  3. 3
    Posted by guest | January 12, 2010 at 11:04 AM

    @1 crt, as in crt capital group, which has hired, as bess said, an "ass ton" of rbs employees in stamford.

  4. 4
    Posted by guest | January 12, 2010 at 11:07 AM

    Boner Watch 10":RBS
    The Gay Quant

  5. 5
    Posted by guest | January 12, 2010 at 11:11 AM

    that picture is horrifying.

  6. 6
    Posted by guest | January 12, 2010 at 11:15 AM

    RBS numbers are in:
    VP: 2 DVDs off Jeffrey Gundlach's list + 1 toy.
    MD: see VP, upgrade to blu-ray

  7. 7
    Posted by guest | January 12, 2010 at 11:15 AM

    @5 agreed. would not hit it.
    -the queen

  8. 8
    Posted by guest | January 12, 2010 at 11:16 AM

    Kill it with FIRE!

  9. 9
    Posted by guest | January 12, 2010 at 11:16 AM

    @6 what do associates get?

  10. 10
    Posted by guest | January 12, 2010 at 11:18 AM

    I'll consider CRT if and only if they've adopted the jeff gundlach policy on in-office dildo use.

  11. 11
    Posted by guest | January 12, 2010 at 11:20 AM

    @9
    they get to clean the carpet underneath JG's desk.

  12. 12
    Posted by guest | January 12, 2010 at 11:29 AM

    that's a caption contest…

  13. 13
    Posted by guest | January 12, 2010 at 11:34 AM

    Is this going to affect my signing bonus?
    -mark nazal

  14. 14
    Posted by guest | January 12, 2010 at 11:36 AM

    RBS sucks, but the queen gives good head

  15. 15
    Posted by guest | January 12, 2010 at 11:38 AM

    @13 christ, that rbC. get it right.

  16. 16
    Posted by guest | January 12, 2010 at 11:39 AM

    我想小便，他完美的嘴。
    我想使用白板像他的肛门。

  17. 17
    Posted by guest | January 12, 2010 at 12:05 PM

    @16: We doing this now??

  18. 18
    Posted by guest | January 12, 2010 at 12:25 PM

    @2 you fucking dense piece of shit, John Thain is looking at CIT not CRT

  19. 19
    Posted by guest | January 12, 2010 at 12:46 PM

    @18 wtf is wrong with his skin?

  20. 20
    Posted by guest | January 12, 2010 at 12:49 PM

    @17 任何时间，任何地点。

  21. 21
    Posted by guest | January 13, 2010 at 4:05 AM

    @16 translation (this might need a little work): "I would like to urinate, his perfect mouth.
    I want to use the whiteboard as his anus."

  22. 22
    Posted by guest | January 13, 2010 at 4:22 AM

    @17 & 20 全部三您介入了？

  23. 23
    Posted by guest | January 13, 2010 at 9:21 AM

    鸡吧

  24. 24
    Posted by guest | January 14, 2010 at 8:43 AM

    RBS – Really Bad Salary

  25. 25
    Posted by guest | February 4, 2010 at 9:22 PM

    Steve Lin quit – way to go!!!!!!! suck it RBS

  26. 26
    Posted by guest | February 4, 2010 at 9:24 PM

    Steve lin quit today!!!!!

Leave a comment

You can log in with your account or comment as a guest below.

   or