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FINANCIAL SERVICES
Lloyds Banking Group claws back bonuses paid to senior executives
Lloyds Banking Group intends to claw back bonuses from a dozen senior bankers because of the losses that the bank suffered after payouts were awarded a year ago following the mis-selling of payment protection insurance (PPI).
Want to know more?
“Lloyds to seize back bonuses from 10 senior bankers”, by Jill Treanor, The Guardian, 20 February 2012:
www.guardian.co.uk/business/2012/feb/20/lloyds-seize-bonuses-senior-bankers
“Lloyds takes back £2m of bonuses paid to executives”, bbc.co.uk, 20 February 2012:
www.bbc.co.uk/news/business-17094182
Date 20/02/2012
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