RBS boss takes pay cut as lenders grapple with coronavirus fallout
Share:
LONDON (Reuters) - The CEO and the Chairman of British lender Royal Bank of Scotland have taken a 25% cut in salary, amid pressure on top bankers to take a pay cut while millions of their customers are struggling to make ends meet during the coronavirus crisis.Alison Rose, who became CEO of the state-backed bank last year, has also told the board she does not want to be considered for any bonuses this year, RBS said on Wednesday.Chairman Howard Davies said: "We are fully focused here at the..