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Tuesday 23 June 2009 8:00 pm  |  Updated:  Friday 31 May 2019 10:44 am

RBSrisk director nets share deal

By: admindrupal

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Royal Bank of Scotland admitted yesterday that its new head of risk Nathan Bostock will get a share bonus unrelated to group performance. Bostock, who was appointed as head of restructuring and risk earlier this year, was awarded 1.18m shares, worth £463,000 at the time he joined the bank. RBS said Bostock was being given the shares to compensate him for the loss of awards he had been granted by his former employer Abbey, part of the Spanish Santander group.

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