Bailed Bank to Pay Boss £10m Reward Package

February 18, 2010 by admin
Filed under: Business News 

Lloyds is set to pay its chief executive close to £10 million despite being bailed out by taxpayers. The banking giant has begun talks on a bumper pay and bonus deal for boss Eric Daniels.
Source now claim that Mr. Daniels’ new package, given for work done in the previous year, could total nearly £10 million, given the progress made in restruction. Speculation will reignite the furious row over bank rewards.

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