Member access

4-Traders Homepage  >  Shares  >  London Stock Exchange  >  Royal Bank of Scotland Group plc    RBS   GB00B7T77214

SummaryQuotesChart AnalysisNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll news 

Royal Bank of Scotland Group plc : United Kingdom : RBS offers 11 directors £18.25m stock package

03/08/2014 | 05:28pm US/Eastern

Eleven directors have received a stock deal valued at up to £18.25m from the Royal Bank of Scotland (RBS).

Under the plan, which will vest on 7 March 2017, RBS has offered CEO Ross McEwan stocks worth up to £3m.

The UK government owns a 81% stake in the bank, which unveiled the stock deal to investors.

Without citing individual pay awards, the government had earlier announced that it would veto any move for RBS to raise its general bonus bill.

The bank is required to limit bonuses at 200% of annual salary, from 2015, under EU rules.

Bringing the total amount involved to nearly £23.5m prior to tax, the directors had two tranches of stocks that paid out £5.27m before tax on Friday.

(c) 2014 Euclid Infotech Pvt. Ltd. Provided by Syndigate.info, an Albawaba.com company

Latest news on ROYAL BANK OF SCOTLAND GRO
1h ago September mortgage approvals fall to lowest level since July 2013 - BBA
3h ago Tesco Bank lifts profit in first half as lending grows
1d ago UK regulator says HSBC and First Trust breached SME loan rules - FT.com
1d ago ROYAL BANK OF SCOTLAND : RBS escapes £90m whistleblowing fine
1d ago ROYAL BANK OF SCOTLAND : *traders: ml raises rbs to 'neutral' ('underperform') -..
2d ago JPMORGAN CHASE : Royal Bank Of Scotland’s Involvement In Rate Rigging Cart..
2d agoDJJ.P. Morgan Fined $92 Million by EU
2d ago EU fines JPMorgan, UBS, Credit Suisse for taking part in cartels
2d ago Advisory - JPMorgan Libor story withdrawn
2d agoDJJ.P. Morgan Fined $92 Million by EU
Advertisement
Chart
Duration : Period :
Royal Bank of Scotland Gro Technical Analysis Chart | RBS | GB00B7T77214 | 4-Traders
Income Statement Evolution
More Financials
Dynamic quotes  
ON
| OFF