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The head of the Royal Bank of Scotland has told ITV News there are some unknown risks about Scottish independence.
In its annual report, the bank admitted that such move would be likely to have a "significant" impact on the group's credit rating as well its monetary and regulatory landscape.
RBS chief executive Ross McEwan told ITV News: "We are doing a bit of planning around the 'what ifs' and the 'could be' that could happen."
The Royal Bank of Scotland has highlighted the "political risks" posed by Scottish independence to its business, saying it could "significantly" impact the group's credit ratings.
Comments in its annual results also questioned whether the move would affect Scotland's status in the European Union.
Royal Bank of Scotland boss Ross McEwan has admitted that bonuses were a "highly emotional issue", but avoided questions on whether sums could be clawed back from those who underestimated the difficulties.
But he warned that his best staff were constantly being "tapped on the shoulder" by other institutions.
He said: "We do see the turnover of good people and I have got to say they are in demand."
Mr McEwan insisted that "no decisions" had been taken over whether the bank would pay packages that would breach the EU's cap on bonuses of 200% of salary.
The Royal Bank of Scotland boss has said that the depth of problems at the bank was still coming as a "shock".
Speaking to Radio 4's Today programme chief executive Ross McEwan said: "I think that people, including executives at the bank, did not realise how big a change process we had to go through to get this bank back into shape."It has been a real shock how much time it is taking to turn it round."
Nick Clegg has told Daybreak a loss-making bank such as the Royal Bank of Scotland "shouldn't be dishing out ever larger amounts in pay and bonuses".
Although the Deputy Prime Minister acknowledged the average amount of bonuses paid out by taxpayer-funded banks has been coming it down, he stressed: "It needs to continue to come down".
Mr Clegg said: "They are entitled to pay their staff what they want when they are standing on their own two feet - at the moment they are not.
"I actually said this to the chairman of NatWest bank recently - as long as you are there because the British public have been generous to keep you in existence, be restrained, be sensible, be responsible".
RBS has revealed a staff bonus pot of £576 million, including £237 million for its investment bankers, which is down from a total pot of £679 million in 2012.
The Royal Bank of Scotland has announced it will make five changes to 'earn back the trust' of its customers.
The Royal Bank of Scotland has confirmed pre-tax losses of £8.2 billion last year alongside £576m in bonuses in an announcement likely to reignite the row over pay.
RBS, which is 81% owned by the taxpayer, reported a £5.3 billion loss in 2012.