Lloyds Banking Group has warned its 60,000 staff including the chief executive, António Horta-Osório, to expect their first bonus cut in four years after a number of problems at the bank, including a last-ditch surge in payment protection insurance claims.
Let’s define ‘Staff’
CEO already earned a years wages, could get a 70mil pay off he mucks up like an airplane manufacturer.
Of course, this won't affect the board members and investors
My heart bleeds
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