U.K. Bank CEOs To Accept Bonuses

The CEO’s of U.K.’s biggest banks are planning to take their bonuses this year after two years of going without payouts.

The CEO’s of U.K.’s biggest banks are planning to take their bonuses this year after two years of going without payouts, The Wall Street Journal reports. The 83% state-owned Royal Bank of Scotland’s CEO Stephen Hester, is expected to get around £2.5 million in payout.

Barclays CEO, Robert Diamond is likely to get £3.4 million in bonus, while HSBC Holdings CEO, Michael Geoghegan, may get around £4.28 million. The outgoing Lloyds Banking Group CEO, Eric Daniels, is expected get about £2 million in bonus for last year.

Click here for the story from The Wall Street Journal.