Hester gives up RBS bonus

Stephen Hester, the boss of Royal Bank of Scotland, has said he will not take his bonus this year after IT problems left thousands of customers struggling

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Hester: 'Inappropriate for me to have a bonus this year'

Stephen Hester told the BBC: "I think it is inappropriate for me to have a bonus this year. We have let our customers down.

RBS Chief Executive Stephen Hester. Credit: Reuters

"That may have arisen from old systems and things that were from before my time, but I think we could reasonably have been expected to have improved things since then and clearly we didn't improve them enough.

"So it wouldn't cross my mind to have a bonus this year."

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