RBS Ross McEwan said he did not wish to be considered for the pay-out in his first full year in charge The boss of Royal Bank of Scotland is facing a fresh row over fat cat pay as he prepares to collect a £1million windfall. In a bid to avoid negative publicity when he took the helm in October last year, Ross McEwan said he did not wish to be considered for the pay-out in his first full year in charge. But the show of restraint from the New Zealander will cease next August, despite RBS being fined almost £400million last month for rigging the £3.5trillion-a-day foreign exchange market.
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Ross McEwan did not accept the pay-out in his first full year in charge
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But this year he has no intention of waiving a £1million shares windfall
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It comes despite RBS being fined almost £400m last month for rigging the £3.5 trillion-a-day foreign exchange market
In the meantime, @placeholder has lurched from one scandal to the next – from duping thousands of customers into buying worthless insurance, to allegations it deliberately drove small businesses to the wall to boost its profits.