{"id":369086,"date":"2010-02-25T06:33:57","date_gmt":"2010-02-25T11:33:57","guid":{"rendered":"http:\/\/www.davidicke.com\/headlines\/30926-rbs-to-pay-p17-billion-in-bonuses-despite-p36-billion-loss"},"modified":"2010-02-25T06:33:57","modified_gmt":"2010-02-25T11:33:57","slug":"rbs-to-pay-1-7-billion-in-bonuses-despite-3-6-billion-loss","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/369086","title":{"rendered":"RBS to Pay \u00a31.7 Billion in Bonuses Despite \u00a33.6 Billion Loss"},"content":{"rendered":"<p>&#8216;Royal Bank of Scotland (RBS), which is 84 per cent owned by the British taxpayer, will pay out up to \u00a31.7 billion in bonuses to its bankers after reporting a \u00a33.6 billion pre-tax loss for the past financial year.<\/p>\n<p>The loss for the 12 months to December 31 is less than the \u00a35 billion expected and far below the \u00a324.3 billion loss that RBS reported for 2008, a record for any British company.<\/p>\n<p>However, the bank is facing criticism over its decision to reward investment bankers with bonuses worth \u00a31.3 billion, or 27 per cent of its revenue, after receiving billions of pounds in taxpayers&#8217; money during the recession to save it from collapse. Other staff will share up to \u00a3400 million in bonuses.&#8217;<\/p>\n<p><a href=\"http:\/\/business.timesonline.co.uk\/tol\/business\/industry_sectors\/banking_and_finance\/article7040481.ece\" >Read more: RBS to Pay \u00a31.7 Billion in Bonuses despite \u00a33.6 Billion Loss<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8216;Royal Bank of Scotland (RBS), which is 84 per cent owned by the British taxpayer, will pay out up to \u00a31.7 billion in bonuses to its bankers after reporting a \u00a33.6 billion pre-tax loss for the past financial year. The loss for the 12 months to December 31 is less than the \u00a35 billion expected [&hellip;]<\/p>\n","protected":false},"author":2604,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-369086","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/369086","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/2604"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=369086"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/369086\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=369086"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=369086"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=369086"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}