Lloyds boss to pocket £1.5m bonus as government prepares to sell off stake

Written By Unknown on Saturday, 2 March 2013 | 07:06

The supervision could sell off a stakes in a bailed-out banks during prices almost reduce than approaching after it related a remuneration of a £1.5m reward to António Horta-Osório, a trainer of Lloyds Banking Group, to offered partial of a taxpayers’ stake.

Horta-Osório’s reward is related to a supervision offered off a third of a 39% interest in a loss-making bank during share prices above 61p – extremely reduce than a normal cost of 73.6p during that a taxpayer injected scarcely £20bn into a bank in 2008.

The pierce reignited conjecture that a supervision was deliberation a share sale in both Lloyds and Royal Bank of Scotland before a May 2015 ubiquitous election, nonetheless a Treasury insisted

Read full article: http://www.independent.co.uk/life-style/health-and-families/health-news/loneliness-can-increase-alzheimers-risk-8405166.html


Source:
http://www.news.ezonearticle.com/2013/03/02/lloyds-boss-to-pocket-1-5m-bonus-as-government-prepares-to-sell-off-stake/

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